Google’s Raiden Infotech has leaded a property in Navi Mumbai, the monthly rent is $10.8 lakh monthly rent.
Raiden Infotech India Pvt Ltd an entity of Google Inc has leased Data Centre, Plot No. D31 & D32, T.T.C Industrial Estate, MIDC, Village Bonsari, Navi Mumbai .
According to documents accessed by SquareFeatIndia provided by CRE Matrix, a real estate data analytics firm, the total area of the data centre is 3,80,945 sq. ft.
Documents revealed that lease term is for 28 years, the rent escalation is 1.75% Annually, whereas the rent commencement date is 24 Months from Commencement Date.
The deal was signed in OCtober 22, between Amanthin Info Parks Pvt Ltd and Raiden Infotech India Pvt Ltd.
Also Read: Amazon to pay Rs 1.4k Crore rent over 15 years for a data center in Thane
