Deloitte Leases 80,000 Sq Ft in Mumbai
Real Estate

Deloitte Leases 80,000 Sq Ft in Mumbai

Deloitte's New Lease: Deloitte has leased 80,000 sq. ft. of prime office space in the Oberoi Commerz building, located in Mumbai’s business district of Goregaon. This prestigious office space will serve as one of Deloitte’s key operational hubs in the city.

Monthly Rent: The lease agreement stipulates a rent of ?2.09 crore per month. This translates to approximately ?261 per square foot. The premium nature of this office space highlights its strategic importance in Mumbai’s commercial real estate market.

Oberoi Commerz Location: The Oberoi Commerz building is part of the Oberoi Garden City complex, which is recognized for its high-end commercial and residential spaces. It’s a preferred destination for multinational companies due to its excellent connectivity, state-of-the-art facilities, and proximity to Mumbai’s key business districts.

Duration of Lease: Deloitte’s lease is set for a period of five years, with options for renewal depending on business needs. The company’s long-term commitment reflects the importance of Mumbai as a financial and business hub in its global operations.

Real Estate Impact: This lease deal is one of the largest in recent months in the Mumbai commercial real estate market, further underscoring the demand for high-quality office spaces in the city. It also highlights the resilience of India’s office market, particularly in major cities like Mumbai.

Prime Business Space: The Oberoi Commerz building offers modern amenities, including high-end office infrastructure, round-the-clock security, and sustainable design features. Deloitte’s choice of this location aligns with its commitment to offering world-class work environments for its employees.

Commercial Real Estate Trends: The leasing deal comes at a time when the Mumbai commercial real estate market is witnessing strong demand from multinational corporations and startups alike. The continued development of commercial hubs in areas like Goregaon and the sustained interest from large corporations like Deloitte showcase the sector's growth.

Employment Growth: With the acquisition of this expansive office space, Deloitte is expected to increase its workforce in Mumbai. This move not only boosts local employment but also strengthens the city's position as a hub for consulting and professional services firms.

Strategic Move for Deloitte: This large lease agreement reflects Deloitte’s growth strategy and its need for a larger, more modern workspace to accommodate its expanding team in India. Mumbai’s importance as a business center for Deloitte makes this office space a critical asset.

Growing Demand for Office Spaces: Mumbai continues to be one of India’s most sought-after destinations for commercial real estate. Large lease agreements like this further solidify its position as a top choice for corporations looking to establish or expand their presence in India’s financial capital.

Conclusion: Deloitte’s decision to lease 80,000 sq. ft. in Oberoi Commerz for ?2.09 crore per month signifies the growing demand for high-quality office spaces in Mumbai. It underscores the importance of the city in the consulting firm’s India operations and the resilience of the commercial real estate market.

Deloitte's New Lease: Deloitte has leased 80,000 sq. ft. of prime office space in the Oberoi Commerz building, located in Mumbai’s business district of Goregaon. This prestigious office space will serve as one of Deloitte’s key operational hubs in the city. Monthly Rent: The lease agreement stipulates a rent of ?2.09 crore per month. This translates to approximately ?261 per square foot. The premium nature of this office space highlights its strategic importance in Mumbai’s commercial real estate market. Oberoi Commerz Location: The Oberoi Commerz building is part of the Oberoi Garden City complex, which is recognized for its high-end commercial and residential spaces. It’s a preferred destination for multinational companies due to its excellent connectivity, state-of-the-art facilities, and proximity to Mumbai’s key business districts. Duration of Lease: Deloitte’s lease is set for a period of five years, with options for renewal depending on business needs. The company’s long-term commitment reflects the importance of Mumbai as a financial and business hub in its global operations. Real Estate Impact: This lease deal is one of the largest in recent months in the Mumbai commercial real estate market, further underscoring the demand for high-quality office spaces in the city. It also highlights the resilience of India’s office market, particularly in major cities like Mumbai. Prime Business Space: The Oberoi Commerz building offers modern amenities, including high-end office infrastructure, round-the-clock security, and sustainable design features. Deloitte’s choice of this location aligns with its commitment to offering world-class work environments for its employees. Commercial Real Estate Trends: The leasing deal comes at a time when the Mumbai commercial real estate market is witnessing strong demand from multinational corporations and startups alike. The continued development of commercial hubs in areas like Goregaon and the sustained interest from large corporations like Deloitte showcase the sector's growth. Employment Growth: With the acquisition of this expansive office space, Deloitte is expected to increase its workforce in Mumbai. This move not only boosts local employment but also strengthens the city's position as a hub for consulting and professional services firms. Strategic Move for Deloitte: This large lease agreement reflects Deloitte’s growth strategy and its need for a larger, more modern workspace to accommodate its expanding team in India. Mumbai’s importance as a business center for Deloitte makes this office space a critical asset. Growing Demand for Office Spaces: Mumbai continues to be one of India’s most sought-after destinations for commercial real estate. Large lease agreements like this further solidify its position as a top choice for corporations looking to establish or expand their presence in India’s financial capital. Conclusion: Deloitte’s decision to lease 80,000 sq. ft. in Oberoi Commerz for ?2.09 crore per month signifies the growing demand for high-quality office spaces in Mumbai. It underscores the importance of the city in the consulting firm’s India operations and the resilience of the commercial real estate market.

Next Story
Infrastructure Urban

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Next Story
Infrastructure Transport

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

Next Story
Infrastructure Transport

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?