ICICI Prudential Life Leases 2.52 Lakh Sq. Ft. Office Space in Mumbai

19 Mar 2024 CW Team

ICICI Prudential Life has finalised a lease agreement for 2.52 lakh sq. ft. of office space in Mumbai, signalling a noteworthy expansion in its operational presence within the city's bustling commercial real estate sector. This move underscores the company's strategic growth objectives and its commitment to enhancing its business operations.

The leasing of this substantial office space reflects ICICI Prudential Life's confidence in Mumbai's commercial real estate market and its potential for fostering business growth and innovation. The secured space is expected to accommodate the company's expanding workforce and support its operational requirements effectively.

As ICICI Prudential Life strengthens its footprint in Mumbai's office market, stakeholders in the commercial real estate sector will closely monitor the impact of this lease agreement on market dynamics and rental trends. The transaction reaffirms Mumbai's status as a prime destination for corporate leasing activities and underscores the city's resilience as a commercial hub.

ICICI Prudential Life's leasing of 2.52 lakh sq. ft. of office space in Mumbai marks a significant milestone in its growth trajectory and underscores its commitment to expanding its operational presence in key markets. The move reflects the company's confidence in Mumbai's business ecosystem and its potential for driving long-term success and sustainability.

Infrastructure Urban

07 Oct 2025

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..

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..

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..