BHIVE Workspace, operated by Tusker Workspace Pvt Ltd leased 7 units in Adani Inspire BKC, Rs 1.39 Crore.

Sunborurne Developers Pvt Ltd (previously named Adani Realty), has leased 7 units in Adani Inspire BKC.

According to documents accessed by SquareFeatIndia, provided by Propstack. shows the deal was signed on March 2, 2024.

The total chargeable carpet area is 62,188 sq ft.

Rs 1.27cr is the base rent of Rs 205 per sq ft. But there is a cam of Rs 12 per sqft and branding charges of Rs 5 per sq ft are added the total rent goes up to 223 per sqft that is Rs 1.39 Crores per month which is what BHIVE will actually pay.

The stamp duty paid Rs 22.96 lakh the lease period is for 5 years.

The license fee escalates by 15% after every 3 years.

Also Read: Adani Wins bid for Redeveloping Dharavi

You May Also Like

Awfis partners with Nucleus Office Parks to launches Awfis Gold Centre in Mumbai

Awfis partners with Nucleus Office Parks to launch first ‘Awfis Gold’ Centre…

Listed builders beat slowdown make sales worth Rs 228 Bn in FY2019.

Listed developers have made a record and proven their worth even in…

Man wants to sell Kidney, not for an iPhone but to pay deposit to Landlord

Recently a poster emerged in the city of Bengaluru and then on…

World Environment Day: The Real Estate Sector Needs to Be Sustainable

By Manju Yagnik, Vice Chairperson, Nahar Group Senior Vice President of NAREDCO-…