Up next
Tags

ICICI Securities Ltd has leased a property in Navi Mumbai’s Juinagar, for a whopping Rs 92.15 lakh per month.

According to documents accessed by SqaueFeatIndia, provided by Propstack the leave and license agreement’s lease starts from 1st day of January.

The deal was signed between ICICI Securities Ltd as the tenant, the owner of the property is Newfound Properties and Leasing Private Ltd.

The property leased by ICIC Securities is located on the 5, 6, 7, 8, 9, and terrace of the Mindspace, Juinagar B3.

The lease is for 144 months, and the rental per month is 92.15 lakh per month, and the rent will increase by 4% every year.

The deposit for the rental deal is Rs 11.05 Crore. The chargeable area is 1.88 lakh sq ft.

Also Read: Infrastructure upgrade to fuel realty in MMR

SHARE ON
TwitterWhatsappFacebookBufferLinkedInPin It
You May Also Like
India’s mall operators are set to maintain double-digit revenue growth through next fiscal, driven by robust consumption, new mall space additions, high occupancy, and rising rental realisations, according to Crisil Ratings.

Mall Operators Set for Double-Digit Growth Through Next Fiscal: Crisil Report

India’s mall operators are set to maintain double-digit revenue growth through next fiscal, driven by robust consumption, new mall space additions, high occupancy, and rising rental realisations, according to Crisil Ratings.
residential real estate

Residential Sales in Top Seven Cities Projected to Grow in FY2025

Despite a sluggish start to the fiscal year, residential sales in India’s…
India’s retail market is shifting as high streets compete with malls, bringing more stores, cafes, and experiences closer to home—reshaping how people shop and spend time.

Malls vs High Streets: Where India Is Shopping More — And What It Means for You

India’s retail market is shifting as high streets compete with malls, bringing more stores, cafes, and experiences closer to home—reshaping how people shop and spend time.
Maharashtra Revenue Minister Chandrashekhar Bawankule has announced a major policy change to permit legal registration of 1 guntha plots—approximately 1,089 sq ft—in residential zones. The proposed bill, likely to be introduced in the current Assembly session, aims to simplify land subdivision but still requires NA conversion for agricultural land. Here’s what homebuyers need to know.

Maharashtra Government Plans Major Reform: 1 Guntha Plots to Get Legal Recognition

Maharashtra Revenue Minister Chandrashekhar Bawankule has announced a major policy change to permit legal registration of 1 guntha plots—approximately 1,089 sq ft—in residential zones. The proposed bill, likely to be introduced in the current Assembly session, aims to simplify land subdivision but still requires NA conversion for agricultural land. Here’s what homebuyers need to know.