Barclays, K Raheja Corp Seal Rs 3.06 Bn Mumbai Office Lease

01 Feb 2024 CW Team

Barclays Bank has entered into a substantial lease agreement with K Raheja Corp for an office space in Mumbai, amounting to Rs 306 crores. This strategic deal underscores the continued significance of Mumbai as a prime location for corporate offices and financial institutions.

The lease agreement reflects Barclays' commitment to establishing a robust presence in Mumbai, one of India's key financial hubs. K Raheja Corp, a prominent real estate developer, facilitates this collaboration by providing state-of-the-art office space that aligns with the global standards expected by leading financial institutions.

The Rs 3.06 billion deal emphasises the strong demand for premium commercial spaces in Mumbai, driven by the city's status as a major business and financial centre. It also signifies the confidence of global corporations, like Barclays, in the long-term potential and stability of Mumbai's real estate market.

The collaboration between Barclays and K Raheja Corp not only contributes to the commercial real estate landscape of Mumbai but also strengthens the city's position as a preferred destination for multinational corporations. The lease deal reflects the dynamic nature of the real estate market and underscores the adaptability and resilience of Mumbai's business environment.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..