Bandra Kurla Complex (BKC), recently saw a lease deal where the per month rent for the first year is Rs 1.15 crore.
According to documents accessed by SquareFeatIndia, provided by Propstack, the deal was finalised in June this year. The lease starts from September 24, 2023 and will last for a period of 60 months.
The lease is in the Tata Communication tower C, located in BKC. The deal is between Owner Tata Communication Limited and the tenant Hinduja Realty Ventures Limited.
The floors that have been rented are 1, 2, 3 in the building, The monthly rent for the space in the BKC tower is Rs 1.15 crore, the security deposit paid is Rs 6.93 crore.
The chargebale area is 46,247 sq ft, whereas the escalation in rent is 5% every year.
BKC is the new central business district of Mumbai, that in the last two decades has seen several companies having their offices here.
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