Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
The National Payments Corporation of India (NPCI) plans to build a 5 lakh sq. ft. office in Mumbai’s Bandra Kurla Complex, consolidating operations and accommodating 5,000 employees. CEO Dilip Asbe highlights the growing need for space due to AI advancements and the rising adoption of UPI-driven credit transactions.
READ MOREThe National Payments Corporation of India (NPCI) has leased 1.15 lakh sq. ft. of office space in Goregaon, Mumbai, for ₹136 crore, marking its expansion in India’s digital payments ecosystem. This move reflects the growing demand for commercial real estate, as Mumbai remains a hub for Grade-A office spaces, hybrid work models, and fintech growth.
READ MORENPCI has leased two floors in Mumbai’s Oberoi Commerz III, Goregaon East, for ₹2.15 crore per month. Spanning 115,332 sq ft, the 60-month lease includes a 15% rental hike after three years. This expansion aligns with NPCI’s strategy to strengthen India’s digital payments infrastructure and operational capabilities.
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