+
Chevron leases commercial space in Bengaluru
Real Estate

Chevron leases commercial space in Bengaluru

Realty firm RMZ Corporation has leased around 3 lakh square feet of commercial space in Bengaluru to Chevron Global Technology & Services. In a statement, RMZ announced its partnership with Chevron Global Technology & Services Pvt Ltd, which is setting up the $1 billion Chevron Engineering and Innovation Excellence Center (ENGINE) at RMZ's 'Ecoworld 30-series' project in Bengaluru.

Under the new lease agreement, RMZ will provide approximately 0.3 million square feet of commercial space, with options for further expansion. RMZ Corporation currently has 21 million square feet of office projects under construction and aims to expand its office portfolio to 50 million square feet across six cities over the next 2-3 years by adding an additional 30 million square feet of office space.

Thirumal Govindraj, CEO of RMZ Office and RMZ NXT, highlighted India's growing significance as a hub for Global Capability Centres (GCCs), with companies seeking advanced, tech-driven workspaces ranging from 50,000 to 100,000 square feet. He noted that this demand is driven by both established enterprises looking for multifunctional hubs and newer players seeking state-of-the-art infrastructure.

Akshay Sahni, Country Head at Chevron India, stated that the Chevron ENGINE centre would empower local talent in India to contribute to global operations and projects, helping to address current energy challenges and develop future energy systems.

RMZ Corporation, one of India's largest family-owned alternative asset owners, focuses primarily on real estate and infrastructure, specialising in premium office spaces, industrial and logistics developments, hospitality, luxury living, and mixed-use projects. The company is headquartered in Bengaluru.

Realty firm RMZ Corporation has leased around 3 lakh square feet of commercial space in Bengaluru to Chevron Global Technology & Services. In a statement, RMZ announced its partnership with Chevron Global Technology & Services Pvt Ltd, which is setting up the $1 billion Chevron Engineering and Innovation Excellence Center (ENGINE) at RMZ's 'Ecoworld 30-series' project in Bengaluru. Under the new lease agreement, RMZ will provide approximately 0.3 million square feet of commercial space, with options for further expansion. RMZ Corporation currently has 21 million square feet of office projects under construction and aims to expand its office portfolio to 50 million square feet across six cities over the next 2-3 years by adding an additional 30 million square feet of office space. Thirumal Govindraj, CEO of RMZ Office and RMZ NXT, highlighted India's growing significance as a hub for Global Capability Centres (GCCs), with companies seeking advanced, tech-driven workspaces ranging from 50,000 to 100,000 square feet. He noted that this demand is driven by both established enterprises looking for multifunctional hubs and newer players seeking state-of-the-art infrastructure. Akshay Sahni, Country Head at Chevron India, stated that the Chevron ENGINE centre would empower local talent in India to contribute to global operations and projects, helping to address current energy challenges and develop future energy systems. RMZ Corporation, one of India's largest family-owned alternative asset owners, focuses primarily on real estate and infrastructure, specialising in premium office spaces, industrial and logistics developments, hospitality, luxury living, and mixed-use projects. The company is headquartered in Bengaluru.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code