Byju's takes up 9,500 sq ft office in Mumbai on 5 year lease

21 Oct 2021 CW Team

Educational company Byju's has taken up a 9,500 sq ft office at the commercial project Satellite Gazebo in Mumbai with a lease period of five years.

The company will pay Rs 1.67 crore annual rent for the office space. The lease agreement consists of an escalation clause to revise the rent 5% upward each year.

The rentals include car parking charges, maintenance charges and property tax. The company will get access to six car parking zones within the office as a part of the lease agreement.

JLL India, a property consultant, has facilitated the transaction.

The property deal includes a lock-in period for the first 33 months. Till now, the company has paid Rs 79.80 lakh. Byju's registered the lease on 13th October 2021.

Previously, the company has leased out four lakh sq ft office space in Bangalore from Prestige Group in its Outer Ring Road project.

Image Source

Also read: Cisco renews lease for nine commercial buildings in Bengaluru

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..