Articles & Latest News on Office Space - Page 6 of 18

Manish Paul Rents Mumbai Office Space for ₹2 Lakh per Month 0

Actor Manish Paul rents a 1,200 sq. ft. office in Mumbai’s Andheri West for ₹2 lakh per month, joining Bollywood stars investing in commercial real estate. Celebrities like Madhuri Dixit, Ajay Devgn, and Amitabh Bachchan leverage Mumbai’s high yields, with Grade-A spaces offering 6-8% annual returns in prime locations.

UK Consulate Acquires ₹101.2 Crore Office Space in Mumbai’s Prime Business Hub 0

The UK Consulate purchased 12 office units in Mumbai’s One Lodha Place for ₹101.2 crore. The space, which spans 14,883 sq ft, will relocate the British Deputy High Commission from Bandra East to Lower Parel. Strategically located in a prime business hub, the deal underscores Mumbai’s appeal for global investments.

Madhuri Dixit Rents Out Mumbai Office Space for ₹3 Lakh Monthly 0

Madhuri Dixit rents out her 1,594 sq ft Andheri office space for ₹3 lakh monthly, following Bollywood’s real estate trend. The actress also purchased a ₹48 crore luxury apartment in Lower Parel. Celebrities increasingly leverage property investments for a steady income and high returns.

State Street Signs ₹350 Crore Lease for Office Space in Mumbai’s BKC 0
- Industry News
- December 17, 2024
State Street Corporation leases 250,000 sq. ft. at Mumbai’s BKC for ₹350 crore, establishing a Global Capability Center. The Equinox Business Park deal reflects India’s growing appeal for multinational firms, driven by a skilled workforce and cost benefits. BKC’s premium location sees 99% occupancy, underscoring demand for commercial real estate.
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HDFC Bank Secures 4 Lakh Sq Ft Office Space in Navi Mumbai 0
- Industry News
- December 11, 2024
HDFC Bank leases 4.16 lakh sq ft at Gigaplex, Navi Mumbai, for ₹24 crore annually. The 10-year lease includes 322 parking spaces and a 15% rent escalation every three years. The office, likely for IT/ITES operations, highlights Navi Mumbai’s growing prominence as a hub for Grade-A commercial spaces.
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Tamil Nadu Leverages Land Bank for Office Space Development in Chennai 0
- Industry News
- December 9, 2024
Tamil Nadu is tapping into its land bank to develop 30 Grade-A office spaces near metro stations in Chennai, addressing rising demand. With 10.8 million sq. ft. absorbed in 2023, the state eyes GCC growth, offering incentives to attract global firms. Chennai ranked third in GCC leasing, driving strategic economic expansion.
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