Browsing Tag
corporate leasing
4 posts
India’s Flexible Workspace Sector Hits Record 12.4 Million Sq. Ft. Leasing in 2024
India’s flexible workspace sector achieved a record gross leasing volume of 12.4 million sq. ft. in 2024, marking a 57.5% year-on-year growth. Bengaluru led with the highest leasing volume, while Mumbai saw a threefold increase. The demand surge is driven by evolving business needs, hybrid work models, and rising enterprise adoption of managed office solutions.
Colliers India Facilitates 68,021 Sq. Ft. Office Deal for Protean eGov Technologies in Mumbai
Colliers India has executed a major 68,021 sq. ft. office transaction for Protean eGov Technologies Ltd. at One International Center, Lower Parel. This strategic move aligns with Protean’s mission to drive digital transformation, with Colliers also leading the office design to create a collaborative and innovative workspace.
Google India and Google Cloud Renew Office Leases in Mumbai’s BKC at a Combined ₹4.79 Crore Per Month
Google India and Google Cloud have renewed their office leases at the First International Financial Center (FIFC) in Mumbai’s BKC. Google India will pay ₹3.55 crore per month for 1,10,980 sq. ft., while Google Cloud’s lease for 38,678 sq. ft. is set at ₹1.24 crore per month. Both leases, registered in February 2025, include a five-year term with a 15% rent escalation clause after 36 months.