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GCC demand surges: Foreign firms lease record 9.1 mn sq ft office space in Jan-Mar; India cements global hub status

Foreign firms leased a record 9.1 million square feet of office space across India’s top nine cities during the January-March quarter to set up Global Capability Centres (GCCs), highlighting strong demand for workspaces, PTI reported citing CBRE data.Real estate consultant CBRE said total gross leasing of office space rose 5% to 20.7 million square feet…

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Rajinikanth gets relief in tax case; the tribunal cancels service tax demand over the ‘Jailer 2’ actor’s Chennai property lease | Tamil Movie News

Veteran actor Rajinikanth has won a service tax dispute concerning a leased commercial property in Chennai. The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) cancelled a demand for Rs 56.84 lakh, ruling that the property leased to Vasantha Bhavan for hotel operations qualifies for service tax exemption under the Finance Act. Veteran actor Rajinikanth…

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Ranbir Kapoor and family lease 5 FLOORS for 20 years to set up new RK Studios in Andheri; check out detailed plan – Report | Hindi Movie News

In a bold move to honor the RK Studios heritage, Ranbir Kapoor is set to transform five floors in Andheri East into a cutting-edge facility. This remarkable studio will cover a vast 250,000 sq ft and include top-notch virtual production spaces, VFX studios, cutting-edge music and editing suites, exclusive screening rooms, and opulent green rooms….

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JP Morgan’s India expansion: Global banking giant signs mega office lease in Mumbai – rent runs in hundreds of crores!

Global financial services major JP Morgan has leased nearly 2.7 lakh sq ft of office space in Mumbai’s Powai. The deal involves rental payments of over Rs 612 crore over five years, making it one of India’s largest enterprise flexible workspace leases.The office space has been leased by JP Morgan at One Downtown Central, formerly…

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DAC approvs Rs 1,600-cr lease of 2 more ‘Predator’ drones | India News

NEW DELHI: From French and Israeli-origin missiles to ‘Make in India’ kamikaze drones and counter-drone systems as well as range extension of existing missiles and artillery rockets, the defence ministry on Monday gave the preliminary nod to a slew of military modernisation projects worth Rs 79,000 crore. The biggest project to get acceptance of necessity,…

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Karisma Kapoor renews Bandra home lease for Rs 66.12 lakh amid legal battle over Sunjay Kapur’s Rs 30,000-crore estate – Report | Hindi Movie News

Karisma Kapoor, whose children Samaira Kapur and Kiaan Raj Kapur are currently entangled in a legal battle over their late father Sunjay Kapur’s Rs 30,000 crore estate with the latter’s wife, Priya Sachdev Kapur has made a fresh move on the personal front. Amid this high-profile legal battle, the actress has reportedly renewed the lease…

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Apple India expands Mumbai office; Secures 37,549 sq ft across five floors in new lease; part of nationwide growth

Apple India has renewed and expanded its lease at Maker Maxity in Mumbai’s Bandra-Kurla Complex (BKC), reinforcing its growing corporate presence in the city and across India.The iPhone maker has renewed its lease for office units on the 5th, 6th, 7th, and 8th floors of Maker Maxity 4 & 5 North Avenue. Alongside this, Apple…

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