HDFC Bank’s Mega Lease: ₹77 Cr Deal for 2.72 Lakh Sq. Ft. in Mumbai’s Andheri East! #shorts

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HDFC Bank’s Mega Lease: ₹77 Cr Deal for 2.72 Lakh Sq. Ft. in Mumbai’s Andheri East! #shorts

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5 Views • Jan 30, 2025 • Click to toggle off description

HDFC Bank has made a massive move in Mumbai’s commercial real estate! The bank has leased 2.72 lakh sq. ft. of office space in Andheri East for a whopping ₹77 crore per year in the R Square building by Runwal Realty. This 10-year lease includes a 15% rent escalation every 3 years, 207 parking spaces, and a ₹116 crore security deposit.

Why Andheri East?
Andheri is emerging as Mumbai’s prime office hub due to its metro connectivity, proximity to the airport, major highways, and booming hospitality sector.

HDFC Bank’s Expansion Strategy
This deal follows HDFC Bank’s Navi Mumbai lease of 4.16 lakh sq. ft. for ₹320 crore over 10 years, highlighting Mumbai’s increasing demand for premium commercial spaces.

Watch the full video to learn how this impacts Mumbai’s real estate landscape!

Subscribe for more updates on real estate, banking, and corporate expansion!

#hdfcbank #mumbairealestate #commerciallease #andherieast #realestatenews #corporateexpansion #runwalrealty #officespace #propertyinvestment #mumbai

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RYD date created : 2025-02-01T07:49:53.309184Z
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