Finance
Mr. BillionhairJP Morgan Locks Down Huge Office Space in Mumbai for ₹9.23 Crore
Folks, listen up! JP Morgan, the banking giant, just pulled off an incredible move! They’ve locked down a staggering 2.72 lakh sq ft in Powai, Mumbai for a jaw-dropping ₹9.23 crore a month! This five-year deal is a game-changer, with a 5% annual rent hike. And guess what? They’ve got 312 parking spaces! It’s a tremendous win, folks, just tremendous!
few days ago | Sunainaa Chadha
Quick rundown
1.JP Morgan leases massive office space in Mumbai.
2.The lease spans 2.72 lakh sq ft at One Downtown Central.
3.Monthly rent set at Rs 9.23 crore with a 5% annual hike.
4.The lease includes 312 car parking spaces.
5.JP Morgan's total rental commitment is approximately ₹612 crore.
