L'Oréal India has leased 89,628 sq. ft. of office space at Meenakshi Eco Park in Nanakramguda, expanding its footprint into Hyderabad’s growing GCC and office market. According to documents reviewed by RE Journal, the lease covers the 3rd floor of the development and has been signed for a tenure of 60 months, including a lock-in period of 36 months. The agreement was registered on 4th March 2026, with the lease commencing from 1st February 2026. The starting monthly rent has been fixed at ₹74 per sq. ft., with an escalation of 15% every three years. In addition to the leased premises, L'Oréal has secured a hard option on another 85,813 sq. ft. at Meenakshi Eco Park, providing flexibility for future expansion as it scales up operations in Hyderabad. For more real estate data and deal insights across cities, visit our website. To explore subscriptions, book a free demo today at rejournal.in #REJournal #LeaseTalks #LOrealIndia #GCC #HyderabadOfficeMarket #CommercialRealEstate #OfficeLeasing #HyderabadRealEstate

Zomato Hyperpure has leased large warehousing space at Likhite Warehouse in Talegaon, Pune according to documents accessed by RE Journal. The transaction covers a total leased area of 1,10,534 sq. ft. on the Ground floor of the facility. The lease has been signed for a tenure of 60 months, with a starting rental of ₹30 per sq. ft. per month. The deal highlights the continued demand for modern warehousing facilities in Pune's North Cluster, with occupiers increasingly seeking strategically located assets that offer efficient connectivity to industrial and consumption hubs. For more real estate data and deal insights across cities, visit our website. To explore subscriptions, book a free demo today at rejournal.in #REJournal #LeaseTalks #Zomato #ZomatoHyperpure #Warehousing #Logistics #SupplyChain #Talegaon #PuneWarehousing #Pune #CommercialRealEstate #IndustrialLeasing #WarehouseLeasing

Tata Consultancy Services (TCS) has renewed and extended its office lease at Chennai One – Block A (Alpha) on Pallavaram–Thoraipakkam Road, according to documents accessed by RE Journal. The lease spans a massive 924,960 sq. ft. across floors 1 to 8 and includes 345 car parking spaces. The agreement has been signed for a tenure of 10 years, including a 5-year lock-in period. Notably, the original lease was executed for a 7-year term from November 2018 to October 2025. The current transaction represents a renewal and extension for an additional 10-year period, further strengthening TCS’s long-standing presence at the development. For more real estate data and deal insights across cities, visit our website. To explore subscriptions, book a free demo today at rejournal.in #TCS #OfficeLeasing #ChennaiOne #ChennaiOfficeMarket #CommercialRealEstate #LeaseRenewal #REJournal #LeaseTalks

We are pleased to share a quick snapshot of the Bengaluru office market, covering future supply, vacancy forecast, and the share of key submarkets in upcoming completions (via our latest RE Insights below). For more market research, insights and in-depth reports, visit our website: rejournal.in #Bengaluru #OfficeMarket #CommercialRealEstate #RealEstateResearch #MarketForecast #REJournal #REInsights #LeaseTalks

Safexpress Pvt. Ltd. has leased 2,67,696 sq. ft. of warehousing space at Antariksh Greens Logipark, Bhiwandi, according to documents reviewed by RE Journal. The lease has been signed for a tenure of 108 months, including a lock-in period of 48 months. The starting rent has been agreed at ₹15 psf pm, with a 12% escalation every three years. A rent-free fit-out period of 90 days has also been agreed as part of the deal. Bhiwandi continues to attract large occupiers across the e-commerce, logistics, retail, and distribution sectors, driving sustained leasing activity in the region. For more transaction-backed research insights and market intelligence across cities, visit rejournal.in to schedule a demo. #REJournal #LeaseTalks #Safexpress #AntarikshGroup #Warehousing #Logistics #Bhiwandi #IndustrialRealEstate #SupplyChain

Rhenus Logistics has leased a large warehouse space at BGR Logistics Park in Bhiwandi, according to documents accessed by RE Journal. The transaction covers a total leased area of 2,39,256 sq. ft. across the Ground and Mezzanine floors of the facility. The lease has been signed for a tenure of 60 months, including a lock-in period of 36 months. The deal reflects the continued demand from third-party logistics and supply chain occupiers for large Grade A warehousing spaces in Mumbai’s North Cluster, driven by strong connectivity and growing industrial activity across the region. For more real estate data and deal insights across cities, visit our website. To explore subscriptions, book a free demo today at rejournal.in #REJournal #LeaseTalks #RhenusLogistics #Warehousing #3PL #Logistics #Bhiwandi #CommercialRealEstate

Intuit India has signed a massive office lease for 631,978 sq. ft. at Embassy Tech Village, Bengaluru, to set up its product development centre, according to documents accessed by RE Journal. Building 8 at Embassy Tech Village, where the space has been leased, is a new development by Embassy REIT that received its occupation certificate in 2025. The lease has been signed at ₹97 per sq. ft. per month for a 10-year term, with a 5% annual escalation and a security deposit of ₹36.8 crore. Bengaluru’s East Nexus, comprising the Outer Ring Road corridor and adjoining areas, continues to remain a preferred destination for large-scale technology occupiers. With 82.2 mn sq. ft. of total stock and vacancy at 7.5%, the submarket continues to witness strong demand from global capability centres and technology-led expansions. For more transaction-backed research insights and market intelligence across cities, visit our website to schedule a demo: rejournal.in #IntuitIndia #EmbassyTechVillage #EmbassyGroup #OfficeLeasing #Bengaluru #CommercialRealEstate #GCC #LeaseTalks #REJournal

Eternal Limited (formerly Zomato) has leased 1,49,700 sq. ft at Vaishnavi BVS Senate in Bengaluru, as per documents accessed by RE Journal. The transaction spans floors 7, 8, and 9 of the project, which is a new construction by Vaishnavi Group in 2025.  The lease has been signed for a long-term tenure of 10 years, with a three-year lock-in.  The monthly rent is fixed at ₹93 per sq. ft., with 15% escalation every three years. The agreement also includes a security deposit equivalent to five months’ rent, along with 149 car parking spaces allocated as part of the transaction. With continued demand from technology, enterprise, and global occupiers, Bengaluru’s office market remains one of India’s most active commercial real estate destinations, with premium Grade A developments continuing to attract large-scale leasing activity. For transaction-backed market insights across cities and sectors, visit our website and schedule a demo at rejournal.in #Eternal #Zomato #BengaluruRealEstate #OfficeLeasing #CommercialRealEstate #VaishnaviGroup #CorporateLeasing #OfficeSpace #RealEstateNews #LeasingUpdate #Bengaluru #LeaseTalks #REJournal

Nomura has leased 64,130 sq. ft. at Altimus, Worli, at a monthly rental of ₹435 per sq. ft., making it one of the costliest office lease deals in South-Central Mumbai in recent times. The lease has been signed for a 10-year tenure, commencing 1st April 2026, with Nomura paying a security deposit of ₹25.1 crore as part of the transaction, according to documents accessed by RE Journal. The Mumbai CentraZone submarket, covering Worli, Mahalaxmi, and Lower Parel, continues to remain a preferred office destination for banking and financial services firms, a trend likely to drive additional supply in the near-to-medium term. For more real estate data and deal insights across cities, visit our website. To explore subscriptions, book a free demo today at rejournl.in @Nomura @KRaheja_Corp #Nomura #AltimusWorli #Worli #KRC #MumbaiOfficeMarket #OfficeLeasing #CommercialRealEstate #BFSI #MumbaiRealEstate #LeaseTalks #REJournal

Boston Scientific Technology & Engineering Services has leased 1.3 lakh sq. ft. at EON West in Wakad, Pune, according to documents accessed by RE Journal. The lease covers the 6th and 7th floors of the newly developed property by Wakad Realty Pvt. Ltd., a subsidiary of the Panchshil Realty. The agreement was registered on 27th April 2026, while the lease commenced on 1st April 2026 for a tenure of 114 months, including a 60-month lock-in period. The Pune West Edge submarket, comprising areas such as Hinjewadi, Wakad, and Pimpri, continues to witness rising office stock, with vacancy levels expected to trend downward and rentals likely to firm up over the next 12 months. For more real estate data and deal insights across cities, visit our website. To explore subscriptions, book a free demo today at rejournl.in @panchshilrealty #BostonScientific #PuneOfficeMarket #PuneRealEstate #OfficeLeasing #CommercialRealEstate #EONWest #Wakad #GCCIndia #IndiaOfficeMarket #LeaseTalks #REJournal

McKinsey & Company has renewed its office lease at Maker Maxcity, BKC, for 10 years, according to documents accessed by RE Journal. The company has leased 35,520 sq. ft. across the ground, 1st, 2nd and 9th floors in 1 North Avenue. The agreements were registered on 29th April 2026, while the renewed lease will commence from 1st October 2026 following the expiry of the current tenure. The starting rentals have been agreed at ₹705 per sq. ft. per month for the 2nd and 9th floors, and ₹759 per sq. ft. per month for the ground and 1st floors. McKinsey has paid a combined security deposit of ₹30.9 crore across the three agreements. With a significant pipeline of premium office supply expected over the next 2–3 years, both stock and demand in BKC are likely to rise further, especially as the submarket has long grappled with limited Grade A space availability. For more real estate data and deal insights across cities, visit our website. To explore subscriptions, book a free demo today at rejournl.in #McKinsey #BKC #MumbaiRealEstate #OfficeLeasing #CommercialRealEstate #OfficeMarket #RealEstateResearch #REJournal

As per documents accessed by RE Journal, Envision Energy has renewed its lease of 332,691 sq. ft. of warehouse space at Mapletree Logistics Park, Chakan, owned by Mapletree. The agreement was registered on 25th March 2026, with the lease commencing 1st April 2026. The lease was signed at ₹31.5 per sq. ft. per month, with a 5% annual escalation and a security deposit of ₹3.27 crore.  Chakan, part of Pune’s North Cluster, has a total warehousing stock of 23.7 mn sq. ft., with vacancy levels steady at 17%. Average rents continue to rise, making it one of Maharashtra’s more active warehousing markets. For research-backed transaction insights and market intelligence across cities, visit our website to schedule a demo: rejournal.in #EnvisionEnergy #Mapletree #Chakan #Pune #Warehousing #Logistics #IndustrialLeasing #RealEstate #LeaseDeals #CRE #REJournal

We are glad to release RE Journal’s Q1 2026 Office Market Update, covering trends across major Indian cities. Q1 saw Grade A office leasing cross 15.1 million sq. ft. across top five cities, with demand staying broad-based across sectors and submarkets. Key Takeaways: - Promising new leasing was witnessed alongside healthy retentions across markets - Chennai saw the highest co-working share this quarter at 31% of total leasing - Manufacturing quietly grew beyond IT corridors - 19.7% in Bengaluru, 24.8% in Pune - Hyderabad added 4.2 mn sq. ft. of new supply in Q1, taking total stock to 146.8 mn sq. ft. - Peripheral locations are now primary choices - Harbor City in Mumbai, East Nexus in Bengaluru and Pune led city-level absorptions Access the full report here: lnkd.in/daXA2Dy6 For transaction-backed research and market intelligence across cities, schedule a demo at rejournal.in #Q12026OfficeReport #IndiaOfficeMarket #CommercialRealEstate #OfficeMarketUpdate #Bengaluru #Hyderabad #Mumbai #Pune #Chennai #ITITeS #BFSI #GCC #CoWorking #SubmarketAnalysis #RealEstateResearch #REJournal

Qualcomm has renewed its office lease for the entire KRC Mindspace Building 6 in Hyderabad’s HITEC City, according to documents accessed by RE Journal. The renewal covers a total leased area of 3.88 lakh sq. ft., spanning ground to 9th floors, indicating that Qualcomm continues to occupy the entire building. The agreement was registered in December 2025, with the renewed lease commencing from 1st January 2026 for a tenure of 60 months, including a lock-in period of 24 months. The deal also includes a security deposit of ₹29.7 Cr, along with 376 car parking spaces as part of the agreement. Hyderabad’s West Nexus office market, with a total stock of 81.25 million sq. ft. and vacancy levels of 13.5%, continues to see steady demand. The average rental in the region stands at about ₹74 per sq. ft. per month, positioning this transaction above the prevailing market average. For more real estate data and deal insights across cities, visit our website. To explore subscriptions, book a free demo today at rejournl.in #Qualcomm #Mindspace #KRC #HITECCITY #HyderabadOfficeMarket #CommercialRealEstate #LeaseRenewal #RealEstate #LeaseTransactions #IndiaOfficeMarket #LeaseTalks #REJournal

Citicorp Services has leased an additional floor at Panchshil Business Hub in Pune, a Grade A office development by Panchshil Realty, according to documents accessed by RE Journal. The company had previously leased 10 floors (7th to 16th) in March 2025. With the addition of the 6th floor (78,132 sq. ft.), Citicorp’s total occupancy now stands at a massive 8.5 lakh sq. ft., accounting for over 60% of the project’s total area. The agreement was registered on 15th April 2026, with the lease commencing on 1st January 2027 for a tenure of 103 months. Pune’s East Nexus continues to draw tech and financial giants, backed by a strong office ecosystem and premium assets. For more real estate data and deal insights across cities, visit our website. To explore subscriptions, book a free demo today at rejournl.in #CiticorpServicesIndia #Citigroup #PanchshilBusinessHub #Pune #OfficeMarket #OfficeLeasing #CommercialRealEstate #PuneRealEstate #LeaseTransactions #BFSI #LeaseTalks #REJournal

vConstruct Private Limited has leased 132,625 sq. ft. of office space at Magarpatta City SEZ Tower 8, according to the documents accessed by RE Journal. vConstruct, a wholly owned subsidiary of DPR Construction (USA), provides construction engineering and technology services, including VDC, BIM, and project controls, supporting global projects across sectors like healthcare and life sciences. The lease is signed for a 9-year term, with a starting rent of ₹86 per sq. ft. per month and a 15% escalation every three years. The company has paid a security deposit of ₹11.4 crore as part of the deal. Magarpatta Cyber City houses world-class tech tenants, and this large space take-up by a construction tech firm further enhances its tenant mix and highlights the importance of technology in the growth of real estate. For more real estate data and deal insights across cities, visit our website. To explore subscriptions, book a free demo today at rejournl.in #CommercialRealEstate #OfficeLeasing #Pune #RealEstate #MagarpattaCity #SEZ #Hadapsar #vConstruct #LeasingDeals #PropTech #ConstructionTech #ProjectManagement #CREIndia #RealEstateInsights #LeaseTalks #REJournal

In a significant GCC-led transaction, LPL Financial has leased 2.7 lakh sq. ft. of office space in Hyderabad’s Financial District, according to the documents accessed by RE Journal. The lease is spread across the 5th, 6th, 7th, 8th and 9th floors at Prestige Sky Tech – Sky Two, a marquee Grade A office development by the Prestige Group. The agreement was registered on 2nd April 2026, with the lease commencement effective from 1st January 2026. The lease is structured for a total tenure of 60 months, including a lock-in period of 36 months. Notably, LPL Financial had previously occupied 60,493 sq. ft. in November 2025 in Sky One, and with this transaction, its total footprint at the Prestige Sky Tech Towers now stands at 3,31,669 sq. ft. Apart from the strong GCC growth momentum, the deal highlights continued demand from global financial services firms for large-format, high-quality office spaces in Hyderabad's Financial District. The West Edge office sub-market, with the Financial District as a major component, currently has a total stock of 49.6 million sq. ft., a vacancy of 32.4%, and average rentals of ₹63 per sq. ft. per month, positioning the deal slightly below market averages while securing a large-scale presence in a prime development. #LPLFinancial #PrestigeGroup #FinancialDistrict #Hyderabad #GCC #OfficeMarket #MarketInsights #RealEstateTrends #LeaseTransactions #CRE #IndiaRealEstate #LeaseTalks #REJournal

V.I.P. INDUSTRIES LIMITED has leased 145,471 sq. ft. of warehouse space at BGR Logistics Parks, Bhiwandi, developed by BGR Construction. The agreement was registered on 20 March 2026, with lease starting from 1 January 2026, as per documents accessed by RE Journal. The deal was signed at a rental of ₹18.7 per sq. ft. per month with a security deposit of ₹1.57 crore. Spread across the ground floor, the transaction stands out for its 24-month lease term, with a renewal option to extend the lease by 5 years, showing the company’s planned expansion in the region. Bhiwandi, part of Mumbai’s North Cluster, remains one of India’s key warehousing hubs with 53.5 millon sq. ft. Grade A stock and 6.6% vacancy. The transaction further highlights continued demand from major occupiers in the logistics and consumer sectors. For research-backed transaction insights and market intelligence across cities, visit our website to schedule a demo: rejournal.in #VIPIndustries #BGRLogisticsPark #Bhiwandi #Warehousing #LogisticsRealEstate #SupplyChain #ConsumerGoods #RealEstate #LeaseTransactions #LeaseTalks #REJournal