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Netflix renews office lease in BKC, to pay Rs 284 crore rentals over five years, ET RealEstate

November 4, 2023

The company will be paying monthly rentals of nearly Rs 4.30 crore for two separate leases executed through Netflix Entertainment Services India LLP. The office space is spread across two units – on the 11th and 12th floors - of the commercial tower.

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Source: indiatimes.com

Netflix renews lease for 1.37 lakh sq ft commercial space in Mumbai at monthly rental of Rs 4.28 crore

November 3, 2023

The lease agreement is for five years, with a lock-in period of three years and an annual escalation of 5 percent

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Source: moneycontrol.com

Netflix renews office lease in BKC, to pay Rs 284 crore rentals over 5 years

November 3, 2023

In a separate transaction, Netflix India has also renewed its deal for flexible office space for an entire floor with over 320 seats, totalling to 8,860 sq ft at WeWorks Nesco coworking center in Goregaon suburb of Mumbai. The space will be used by Anibrain for visual effects work for Netflix that is seeing growing demand for content in India.