Cognizant has renewed its lease of 6.27 lakh space in Pune. The monthly rent goes to Rs 3.35 crore.

According to documents accessed SquareFeatIndia provided by Propstack, the renewal of the lease is for a period of 5 years.

The project wre the lease has been renewed is Quadron Business Park Block 2 and 4.

The floors were the lease renewal have been carried out is floors 7, 8, 9 and 10 of Block 4 measuring 2.60 lakh sq ft, and floors LG, UG, 1, 2, 3, and 4 of Block 2 where the area measures 3.66 lakh sq ft.

The lease period of the property in Block 4 is between October 2021 to October 2026, whereas that of Bloc 2 is December 2022, to December 2027.

Also Read: Zapkey secures fresh funding from DSP and existing investors

You May Also Like

Its an ideal time to be a landlord in Mumbai’s booming real estate market

By Manju Yagnik India’s real estate sector has bounced back to become…

Disputed Property in BDD will be put on Director’s Name

Disputed properties of which legal heirs haven’t yet decided who will be…

Half of Mumbai’s Police Force Lives Outside the City as Housing Gap Worsens

More than half of Mumbai Police personnel commute from distant towns due to an acute housing shortage. The state plans 45,000 homes under a police township project.

Sold Old Flat, Invested in Under-Construction Property But No Agreement – Will You Get a Tax Notice?

Many fear getting a tax notice if they invest capital gains in under-construction flats without a registered agreement. But a recent ITAT ruling proves that such buyers can still successfully claim Section 54 exemption.