Logitech Leases Office at BKC’s Trade Centre for Rs 0.04 Bn

21 Jan 2026 CW Team

Logitech Electronics India has expanded its footprint in Mumbai by leasing office space at Trade Centre in Bandra Kurla Complex (BKC) for a total rental commitment of around Rs 0.04 billion over five years. The transaction marks the company’s entry into one of Mumbai’s most sought-after commercial districts.

The lease, facilitated by Narains Corporate in partnership with Volney, covers Unit No. 407 on the fourth floor with a carpet area of approximately 2,010 sq ft. The agreement includes a five-year lock-in period with a five per cent annual escalation. Monthly rent is Rs 0.603 million, with a security deposit of Rs 8.1 million.

Volney, founded by Rohan Sheth, has been involved in several high-profile commercial transactions in Mumbai and manages assets including Trade Centre at BKC, Kanakia Boomerang at Chandivali and Kanakia Wallstreet at Andheri East.

Located in the heart of BKC, Trade Centre is a Grade-A commercial development by Wadhwa Developers, featuring glass façades, premium amenities and strong connectivity to major transport hubs. The building houses occupiers such as GIA, VFS Global UK Visa Office, Dezerv and SMIF Capital.

The transaction reflects sustained demand for quality office space in Mumbai, with continued interest from global companies and prominent investors reinforcing confidence in the city’s commercial real estate market.

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..