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J.P. Morgan's Powai Crib: ₹9.23 Crore for 2.72 Lakh Sq Ft

J.P. Morgan's Powai Crib: ₹9.23 Crore for 2.72 Lakh Sq Ft

Yo, listen up! J.P. Morgan just scored a dope 2.72 lakh sq ft spot in Powai, Mumbai, shellin' out ₹9.23 crore a month for five years, fo' shizzle! They inked the deal with Cowrks on December 29, 2025, and they kick off rent on April 1, 2026, with 312 parking spots to roll in style, ya dig?

Quick rundown

JP Morgan leases massive office space in Mumbai.
The lease spans 2.72 lakh sq ft at One Downtown Central.
Monthly rent set at Rs 9.23 crore with a 5% annual hike.
The lease includes 312 car parking spaces.
JP Morgan's total rental commitment is approximately ₹612 crore.

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