Sunborurne Developers Pvt Ltd (previously named Adani Realty), has leased 7 units in Adani Inspire BKC.

According to documents accessed by SquareFeatIndia, provided by Propstack. shows the deal was signed on March 2, 2024.

The total chargeable carpet area is 62,188 sq ft.

Rs 1.27cr is the base rent of Rs 205 per sq ft. But there is a cam of Rs 12 per sqft and branding charges of Rs 5 per sq ft are added the total rent goes up to 223 per sqft that is Rs 1.39 Crores per month which is what BHIVE will actually pay.

The stamp duty paid Rs 22.96 lakh the lease period is for 5 years.

The license fee escalates by 15% after every 3 years.

Also Read: Adani Wins bid for Redeveloping Dharavi

The post BHIVE Workspace leases 7 units in Adani Inspire BKC for Rs 1.39 Cr per month appeared first on Square Feat India.