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.

Infrastructure Energy

21 Jan 2026

Rays Power Infra Wins Rs 19.12 Bn Renewable Energy Project

Rays Power Infra has secured a 300 MW renewable energy project valued at Rs 19.12 billion from a state-owned company, strengthening its position in India’s utility-scale clean energy sector. With this latest order, the company’s total order book has crossed Rs 80 billion.The project will be executed under Rays Power Infra’s co-development business model. Under this framework, the company will undertake land acquisition, secure interstate transmission system (ISTS) connectivity and carry out complete engineering, procurement and construction (EPC) works. The project is planned to be devel..

MMRDA Signs $96 Bn MoUs at Davos, Marks Record Day 1 Haul

The Mumbai Metropolitan Region Development Authority (MMRDA) marked a historic achievement on the opening day of the World Economic Forum (WEF) Annual Summit 2026 in Davos by securing investment commitments worth about Rs 8.73 trillion. The investments were formalised through the signing of 10 major Memoranda of Understanding (MoUs), setting a new benchmark for the authority’s global outreach.According to MMRDA, the agreements are expected to generate nearly 9.6 lakh direct and indirect jobs, reinforcing the Mumbai Metropolitan Region’s position as a major talent and economic hub in India ..

AAI Submits Hydrology Report to WRD for Chennai Airport Corridor

In a move to accelerate the implementation of an elevated corridor and the long-pending satellite terminal at Chennai Airport, the Airports Authority of India (AAI) has submitted a detailed study report to the Water Resources Department (WRD) of the Tamil Nadu government.The satellite terminal, first proposed nearly eight years ago, is aimed at easing congestion by handling additional aircraft and passenger traffic while optimally utilising remote bays at the airport. Although the project remained stalled for several years, it gained renewed momentum in 2024 after AAI revived the proposal.Acco..