.2 minutes checked out Last Upgraded: Sep 27 2024|11:56 PM IST.Property management firm SBI Dollars Control has actually obtained office space reaching 67,870 square feet at Parinee Cresenzo in Mumbai's Bandra-Kurla Complex (BKC) for Rs 103 crore, depending on to real estate information system Propstack.The business carried out certainly not react to a query coming from Business Criterion. Visit this site to connect with us on WhatsApp.The offer comes with an opportunity when India's workplace market is actually observing considerable requirement.A handful of times back, Adar Poonawalla, chief executive officer of Lotion Institute of India and proprietor of Increasing Sunlight Holdings, bought the 1st flooring of Brain IT Playground in Pune for Rs 395 crore. According to latest reports, ICICI Prudential Possession Monitoring Firm went into a big office space offer near Mumbai International Flight Terminal for Rs 315 crore. In another ultra package, Kinnteista, client Rekha Jhunjhunwala's organization, reportedly acquired office area in BKC and Chandivali in Mumbai for Rs 740 crore. Likewise, Red Fox IT Infra, a subsidiary of Redbrick Offices, is found out to have actually bought many office in Mumbai in a Rs 260-crore package..Having said that, a lot of the workplace offers remain in leasing. Home working as a consultant Cushman & Wakefield, in a current report, stated that renting all over the leading 8 metropolitan areas is anticipated to go beyond 80 thousand straight feets in 2024. This is actually being driven by a combination of aspects, including the continuing growth of fields such as IT and financial services.To name a few, Deloitte Shared Solutions leased 80,000 square foot of office in Oberoi Commerz III, Mumbai, previously this month. The lease is anticipated to begin on Nov 1.Morgan Stanley likewise leased 1 million square foot of office space in the same complicated in Mumbai lately. The yearly rental payment, crossing a 10-year time frame, is determined at Rs 192 crore, with a security deposit of Rs 104.9 crore, depending on to records.In Bengaluru, real estate player RMZ Firm rented 360,000 sq ft of office to Chevron Global Technology as well as Provider at RMZ Ecoworld 30-series recently. Chevron is actually assumed to set up an engineering and innovation superiority center within this space.In the first fifty percent of 2024 alone, leasing task reached 41.9 million sq ft, embodying the highest leasing edition captured for the initial fifty percent of any year so far, depending on to business information. This body make up 56 per-cent of the complete gross leasing volume (GLV) for 2023.Very First Released: Sep 27 2024|11:56 PM IST.