Tag: CRE Matrix

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Apple India leases 12,616 sq ft space at Sky City Mall in Mumbai

NEW DELHI: iPhone maker Apple India has taken on lease 12,616 square feet area in Sky City Mall at Borivali East, Mumbai for a minimum monthly rent of Rs 17.35 lakh, according to CRE Matrix. Real estate data analytics firm CRE Matrix has reviewed the lease agreement of Apple India, which currently has two stores, one each in Mumbai and New Delhi. Premium mobile device maker Apple India has leased this space from Incline Realty for a period of 10 years and 10 months. The rent free period is 10 months. The starting monthly rent is Rs 138 per square…

Commercial

Amazon India entities lease over one lakh sq ft office space in Mumbai’s Vikhroli

Amazon India group entities have picked up over 1.14 lakh sq. ft. of office space in Mumbai’s central suburb Vikhroli through a long-term lease of five years across four agreements, with a combined starting monthly rent of over Rs 1.73 crore The license term for all agreements commences from January 1, 2025, with a 5% annual rent escalation. The lock-in period is set at 48 months for the licensees, and for the entire lease duration in the case of the licensor. The agreements were registered on April 30, showed the documents accessed through CRE Matrix. Among these, the largest lease…

Residential

Shikhar Dhawan buys flat in DLF’s The Dahlias for ₹69 crore

File Photo NEW DELHI: Cricketer Shikhar Dhawan has bought an apartment for Rs 69 crore in DLF’s super luxury housing project in Gurugram, according to CRE Matrix. Real estate data analytic firm CRE Matrix has reviewed the registered agreement for sale dated February 4, 2025. Dhawan has bought a 6,040 square feet apartment in the DLF’s latest super-luxury project ‘The Dahlias’ on Golf Course Raod, Gurugram, the research firm said. The value of the property is Rs 65.61 crore and stamp duty is Rs 3.28 crore, taking the total consideration to nearly Rs 69 crore. In October last year, veteran…