HDFC Bank leases Navi Mumbai office space for 10 years, to pay ₹320 crore rent
1 week, 6 days ago

HDFC Bank leases Navi Mumbai office space for 10 years, to pay ₹320 crore rent

Live Mint  

HDFC Bank leased a four-lakh-square-foot office space at Mindspace Business Parks in Airoli West, Navi Mumbai, for ₹320 crore, payable over 10 years, Hindustan Times reported on Tuesday, December 10. The second lease highlights that the lender has rented 2.18 lakh sq ft of space in the lobby, first, second, third, and fourth floors, including 168 car parking slots, according to the report. Agreement details According to the agreement details, HDFC Bank intends to use the space for its back office operations and IT and IT-enabled services needs. The report quoted sources as saying that the deal is part of Mindspace Business Park’s demarcation of the Special Economic Zone space processing area.

History of this topic

HDFC Bank leases 4 lakh sq ft in Mindspace Business Parks building in Navi Mumbai for 10 years, to pay ₹320 crore rent
1 week, 6 days ago
Navi Mumbai, the future and permanent commercial hub of India
2 years, 11 months ago

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