CommercialLatest Stories

Workday Leases 1.94 Lakh Sq Ft in Chennai for GCC Setup

Workday has secured a lease for 194,000 square feet in Chennai to establish a global capability center, marking one of the largest enterprise office commitments in the city with Brookfield Properties. As per the lease documentation from Propstack, the arrangement between Cowrks and Workday consists of two phases featuring different commercial structures. In Phase I, Workday is leasing 100,000 sq. ft. as a managed office across the 3rd and 4th floors of Building 1C at Millenia Business Park, at an all-inclusive monthly rate of Rs. 310.8 per sq. ft. This rate covers warm shell rent, CAM, capex rent, OPEX, signage,…

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Morgan Stanley Leases Brookfield’s Ecoworld for ₹23 Crore

BENGALURU: Morgan Stanley Advantage Services has secured nearly 160,000 sq ft of Grade-A office space at Ecoworld business park in Bengaluru, committing to a five-year lease at an annual rental rate of around Rs 23 crore. The lease takes effect from January 10, with the office expected to be operational by May. The property is managed by Arliga Ecoworld Business Parks. This deal highlights Morgan Stanley’s ongoing expansion in India and the sustained demand from BFSI sector occupiers for premium spaces in Bangalore’s most prestigious office area along the Outer Ring Road. According to lease rental documentation from Propstack, “Morgan…

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Crisil Signs 15-Year, ₹600 Crore Lease in Saki Vihar, Mumbai

Certainly! Here’s a rewritten version of the content: Rating agency Crisil Ltd has secured over 2.5 lakh sq ft of office space in the Saki Vihar area of Mumbai through a long-term lease. This agreement, amounting to nearly Rs 600 crore, stands out as one of the city’s largest single-tenant office deals in recent months. The new office spans six floors of the commercial tower Lightbridge, co-owned by the Hiranandani brothers. The lease, which begins on August 31, 2025, extends for 15 years. The location will be branded as Crisil House, Lightbridge, following the company’s identity at its headquarters in…