Stay updated with breaking news from Newfound Properties Leasing. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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.