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The office is spread over 16 floors at Prestige Alphatech in Pune and is expected to be operational by the fourth quarter of 2024. The lease term is 15 years with a lock-in period and commands a rental of Rs 79 per sq ft.
Global financial services firm BNY Mellon has entered one of the largest pre-lease agreements in India with Prestige Group, securing 960,000 sq ft in Pune. The new office at Prestige Alphatech is expected to be operational in Q4 2024, consolidating BNY Mellon's multiple offices in Pune.