Archive · 2 Jun 2025
Tata Digital Leases Premium Office Space in Mumbai
Tata Digital, a company, has signed a deal to rent a large office space in Mumbai.
They will be using about 58,668 square feet of space across multiple floors in a building called One International Centre.
The rent starts at a high price, around ₹1.06 crore each month, which is like paying ₹180 for every square foot they use.
The deal lasts for 60 months and includes parking spots.
They won't have to start paying rent right away; there's a short rent-free period.
Each year, the rent will slightly increase, which is a standard practice.
Tata Digital leased office space in Mumbai's One International Centre.
The lease covers approximately 58,668 square feet across four floors.
Monthly rent starts at ₹1.06 crore, equating to ₹180 per square foot.
The lease includes 49 parking slots and has a 60-month term.
The agreement features a 5% annual rent escalation.
- Who
- Tata Digital Pvt Ltd
- What
- Tata Digital finalized a lease for approximately 58,668 square feet of office space.
- When
- The lease commences February 1, 2025, with rent due from July 16, 2025.
- Where
- One International Centre, Lower Parel, Mumbai
- Why
- The deal underscores Tata Digital’s confidence in Mumbai’s commercial real estate prospects.
- Company
- Tata Digital Pvt Ltd
- Space Leased
- 58,668 square feet
- Location
- One International Centre, Mumbai
- Floors
- 03, 15th, 16th, and 17th
- Monthly Rent
- ₹1.06 crore
- Rent Per Square Foot
- ₹180
- Lease Duration
- 60 months
- Start Date
- February 1, 2025