Micron Technology Operation India Limited Liability Partnership has leased 10.43 lakh Sq Ft space.
According to data accessed by SquareFeatIndia provided by Propstack the deal has been signed for a period of 10 years.
The building is named Phoenix Aquila, Block A, located in Gachibowli area of Hyderabad.
The monthly rent for the property is ₹6.78 crore, whereas the security deposit paid was, ₹40.69 crore.
The total area is 10,43,549 sq ft. The owner is Phoenix IT Hub Private Limited.
The per month rent per sq ft is ₹65.
This is one of the biggest rental deals that took place in the country in the recent times.
Also Read: Zapkey secures fresh funding from DSP and existing investors
