Posts

Showing posts from June, 2022

HDFC Financial Institution Leases 2.5 Lakh Sq Ft Workplace House In Mindspace REIT’s Enterprise Park

Image
HDFC has leased over 250,000 sq. toes of workplace house at Okay Raheja Corp-backed Mindspace Enterprise Parks REIT’s enterprise park in Navi Mumbai’s Airoli locality for 10 years, a number of individuals with direct data of the event stated. The financial institution is planning to arrange its know-how and processing unit on the new workplace that can service its operations throughout the nation. The workplace tower, which is a part of Mindspace enterprise park’s first section, is at the moment underneath improvement and is anticipated to be accomplished within the subsequent 3-4 months when the financial institution will begin its fit-out work. “Each the events have already signed the letter of intent (LoI) for the deal and the stamp obligation has additionally been paid,” one particular person stated. Out of round a million sq ft under-construction house, the developer has thus far leased 600,000 sq ft together with the cope with HDFC Financial institution. The financial institution

Mastercard Technology leases 4 lakh sq. ft in Pune for Rs 4.12 crore a month

Image
The office space is being developed and is likely to be delivered in three phases between October 2022 and October 2024 Mastercard Technology has leased over 400,000 square feet of space in a commercial building in Pune for 20 years with rent starting at Rs 4.12 crore per month, documents accessed by Propstack showed. The 423,070 sq. ft of space at Nephronia Ecopaces is owned by Witwicky One and Farokh Framji Wadia in the Yerwada area of Pune, the lease agreement showed. The space is being developed and is likely to be delivered in three phases between October 2022 and October 2024. The lock-in period is 10 years and the security deposit is for 12 months. Rent escalation is at the rate of 4.75 percent per annum from the commencement of lease and includes car parking and signage. The commercial space comes with parking for 683 cars and 1,174 two-wheelers. source: Online. Further, We are also professional real estate consultant having experience of more than decade & half and can ass