More office space for Sanofi India

In an outright commercial transaction by an end user, French multinational pharmaceutical company Sanofi's Indian subsidiary has acquired 150,000 sq ft of office space from L&T Realty at its new project in Powai, a suburb in Mumbai, for Rs 220 crore, making it the largest in deal value so far this year. The company has already started construction of the proposed 10-storey office building that is expected to be delivered by mid-2015. Contact: Sanofi India. Tel: 022-2827 8000.