Up next

HSBC has renewed its lease for an area of 1.42 lakh sq ft. The property is located in NESCO Tower 3.

According to documents accessed by SquarefeatIndia provided by Propstack the deal was signed on June 27, 2023,

It is a lease renewal, and the premises that HSBC has leased is 9, 10, and 11 in NESCO IT Park Tower 3. Initially it was leased for a period of 60 months.

The total chargeable area of the rented premises is 1.77 lakh sq ft, whereas the useable area of 1.42 lakh sq ft along with 178 car parks,

The rent is Rs 122.5 per sq ft.

The first lease had begun in 2013, then it was renewed in 2018.

Also Read: Butlr Technologies Announces Partnership with Propstack for
Occupancy Sensing in India

SHARE ON
TwitterWhatsappFacebookBufferLinkedInPin It
You May Also Like
Redevelopment of real estate projects

Slum projects will now have primary healthcare centre

Slum redevelopment projects will now have primary health care centre, it will…
India’s real estate investment surged 37% in Q1 2026 to $1.7 billion, led by core assets and rising domestic investor dominance, according to JLL.

India’s Real Estate Investment Jumps 37% to $1.7 Billion in Q1 2026, Core Assets Lead the Rally

India’s real estate investment surged 37% in Q1 2026 to $1.7 billion, led by core assets and rising domestic investor dominance, according to JLL.
A new Primus Partners report says India must build 85 next-generation cities to meet its Viksit Bharat 2047 goals, urging a shift from metro-centric growth to a more balanced and resilient urban system.

Beyond Urban Missions: New Report Urges Creation of 85 ‘Next-Gen Cities’ to Power India’s Viksit Bharat 2047 Vision

A new Primus Partners report says India must build 85 next-generation cities to meet its Viksit Bharat 2047 goals, urging a shift from metro-centric growth to a more balanced and resilient urban system.
In a pioneering ruling, MahaREAT directs developers to repay a buyer's 2009 cash booking of ₹7.5 lakh as part of ₹15 lakh relief with interest, upholding an unregistered deal and piercing partnership defenses.

MahaRERA Appellate Tribunal Rejects Developer’s Appeal Over Delay in Filing

The Maharashtra Real Estate Appellate Tribunal has dismissed an appeal by developer Nitin Navgire, citing an unjustified 23-month delay and failure to comply with RERA’s legal requirements.