Mastercard inks 20-year lease in Pune property

Mastercard inks 20-year lease for 4.23 lakh sq ft office space in Brookfield's Pune property - ET Re...

indiatimes indiatimes | 1 year ago

Representative ImageGlobal payments and technology company Mastercard’s India arm has leased over 4.23 lakh sq ft office space in a commercial project Bluegrass Business Park being developed by Brookfield Properties in Pune’s Yerwada locality for a long-term tenure of over 20 years.The company also has an option to expand the deal size to 9.08 lakh sq ft going forward, and this is one of the largest office lease transactions with pre-commitment arrangement.The payments systems operator Mast...

Smartworks leases 2.3 lakh sq ft space in Bengaluru

indiatimes indiatimes | 1 year ago

Smartworks currently has a growing footprint of approx. 7 Mn sq. ft. with a presence in 10 cities and 37 centres. caters to over 450 organisations across Forbes 2000 companies, MNCs, and unicorns.

iSprout takes three lakh sq ft space in Hyderabad & Bengaluru - ET RealEstate

indiatimes indiatimes | 2 years ago

iSprout is undertaking properties sized 1 lakh sq ft in Divyashree Trinity and 90,000 sq ft in My Home Twitza, Hyderabad. In Bengaluru, it is undertaking 1 lakh sq ft in Shilpitha Tech Park.

Mindtree pre-leases 6 lakh sq ft office space in L&T's upcoming IT Park in Chennai

indiatimes indiatimes | 2 years ago

The over 10-year lease deal is for L&T Innovation Campus, a mixed-use development sprawling over 40 acres, two people aware of the deal said.

Byju's leases 5.5 lakh sq ft office space in Bengaluru - ET RealEstate

indiatimes indiatimes | 1 year ago

Representative ImageThink and Learn, popularly known as Byju's, has leased a 5.5 lakh sq. ft. office property at Kalyani TechPark, Bangalore, offering to pay about Rs 95 per sq. ft. Byju's investors include the Chan-Zuckerberg Initiative and Sequoia Capital.The agreement has an escalation clause of 5% yearly on the previous year's rent, said Propstack, a real estate data company."In the last two months, the city has seen closure of big transactions. And currently, there are some big tenders flo...

Tata Realty leases 1.56 lakh sq ft office space in Gurugram to Johnson Controls, PepsiCo

indiatimes indiatimes | 1 year ago

Tata Realty and Infrastructure Ltd, a 100 per cent subsidiary of Tata Sons Pvt Ltd, has leased over 1,56,000 square feet to Johnson Controls and PepsiCo.

RBI looking for at least 50,000 sq ft office space in BKC

indiatimes indiatimes | 2 years ago

According to an Expression of Interest (EoI) floated by the RBI, the acquisition of office premises is proposed on a long-term lease basis for a minimum 40,000 square feet carpet area located in and around BKC within a radius of 5 km from its BKC office.

DevX launches 1.5 lakh sq ft space in Noida - ET RealEstate

indiatimes indiatimes | 1 year ago

NEW DELHI: DevX, a managed office space provider, has launched two centres with combined area of 1.5 lakh sq ft in Noida. The centers have a seating capacity of 2,000 and will be operational by 2022-end.The company also plans to add two lakh sq ft within the next one year in the city.Umesh Uttamchandani, COO of the company said, "Our new Noida center will be spread across two centres i.e. 50,000 sq. ft. and 1 lakh sq ft, with a further 2 lakh sq. ft. added, before Q2, 2023. This center will stre...

Happiest Minds buys 2.4 lakh sq ft office space for Rs 101 crore in Bengaluru - ET RealEstate

indiatimes indiatimes | 1 year ago

NEW DELHI: IT company Happiest Minds Technologies has purchased a fully built-up ready-to-use commercial property spread over 2.4 lakh square feet in Bengaluru for Rs 101 crore, the company said on Friday.The facility with a seating capacity of 1,600 seats is in the technology hub of Electronics City.“Financially, the purchase is funded substantially through borrowings from banks at very favourable terms. The transaction is positive from a P&L perspective while adding a significant asset to ou...

WeWork India leases 3.62 lakh sq ft office space in two buildings in Bengaluru - ET RealEstate

indiatimes indiatimes | 1 year ago

File PhotoNEW DELHI: WeWork India, a flexible workspace provider, has signed lease agreements for two new buildings namely Embassy One & Kalyani Roshni Tech Hub in Bengaluru. The workspaces will collectively have over 6,000 desks spread over 362,000 sq. ft, the company said in a media release.The workspace at Kalyani Roshni Tech Hub spans over 310,000 sq ft and will open this year in December. It houses over 5,000 desks spread over eight floors. The center has been leased in collaboration with ...