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The ICICI Bank subsidiary has leased the office space spread across five floors in one of the towers of the IT park from Newfound Properties & Leasing, a subsidiary of real estate developer K Raheja Corp.
The deal was registered on December 15 and the lease tenure will commence from January 1, 2024, shows documents accessed through Propstack. The company has paid an upfront deposit, equivalent to 12 months' rent, of over Rs 11 crore for the transaction that also provides ICICI Securities exclusive access to 190 car parking slots in the commercial tower.
A CBC News investigation has found no evidence that any fines have been dished out since the Newfoundland and Labrador government beefed up a law five years ago to make sure landlords and tenants were made more accountable.
Amazon Data Services India has signed a long-term lease for four acres of land in Mumbai's Powai suburb from Larsen & Toubro to build a data center. It will pay over Rs 562 crore in rent and has agreed to increase the rent by 3 per cent each year. Amazon has already paid Rs 2.4 crore as a security deposit.
Amazon Data Services India has signed a long-term lease for four acres of land in Mumbai's Powai suburb from Larsen & Toubro to build a data center. It will pay over Rs 562 crore in rent and has agreed to increase the rent by 3 per cent each year. Amazon has already paid Rs 2.4 crore as a security deposit.