McKinsey Signs 10-Year Lease for 35,520 Sq Ft in BKC

12 May 2026 CW Team

McKinsey & Company (McKinsey) has signed a 10-year lease for 35,520 sq ft of office space in Bandra Kurla Complex (BKC) in Mumbai at a monthly rent of Rs 2.58 crore, converted to Rs 25.8 million (mn). The firm will occupy the space under the long-term arrangement announced on Monday. The transaction adds a large-format tenancy to BKC's stock of premium office accommodation. McKinsey & Company is a global management consultancy with offices in numerous countries.

At Rs 25.8 million (mn) a month the rent equates to roughly Rs 727 per sq ft monthly and about Rs 309.6 million (mn) a year. The calculation is based on the contracted area of 35,520 sq ft, which is about 3,300 square metres (sq m). The annualised headline charge implies a total headline commitment of roughly Rs 3.096 billion (bn) over the 10-year term. The figures reflect headline costs and do not break out service charges or taxes.

The 10-year term signals continued demand among professional services firms for centrally located, large contiguous floors in Mumbai. Bandra Kurla Complex has continued to attract multinational consultancies and financial firms seeking modern Grade A stock. Leasing of this scale sustains absorption metrics in the submarket and supports rental resilience.

The deal underscores the scale of capital flows into Mumbai's office market and the willingness of occupiers to commit to long tenures amid evolving workplace needs. Landlords of premium stock continue to command strong headline rents for well located properties. The transaction will add to leasing comparables used by valuers and brokers. Such transactions typically support landlord income streams and investor returns and are likely to shape occupier strategies in the prime central business district.

Infrastructure Urban

12 May 2026

Blue Dart posts revenue growth in FY26 on e-commerce and B2B demand

Blue Dart Express Limited, South Asia’s express air and integrated transportation and distribution company, has reported year-on-year growth in revenue for the financial year ended March 31, 2026, driven by strong momentum in e-commerce shipments and B2B surface express solutions.Announcing its financial results after the Board Meeting held in Mumbai, the company said revenue from operations rose to Rs 6,141 crore in FY2025–26, compared to Rs 5,720 crore in FY2024–25. Profit after tax for the year stood at Rs 240 crore.For the quarter ended March 31, 2026, Blue Dart reported revenue from..

Terex launches TRAC vibration analysis system

Terex®, a global provider of specialised equipment solutions, has launched TRAC, a new vibration analysis system designed to deliver deeper insight into the performance, condition and long-term structural integrity of screening equipment.Announced in Hosur on May 11, 2026, the TRAC system is now available across screening equipment offered under Terex Materials Processing (MP) brands, including Powerscreen®, Finlay®, EvoQuip®, MDS®, Terex® Washing Systems, Terex® MPS (Cedarapids®, Simplicity®), MAGNA™ and Terex® Ecotec.Developed specifically for vibratory screening equipment by Ter..

ADIO partners Motherson to set up large automotive components hub in KEZAD

The Abu Dhabi Investment Office (ADIO) has announced its support for Samvardhana Motherson International Limited’s (Motherson) new manufacturing hub in Abu Dhabi, marking a major step in strengthening the emirate’s position as a global centre for advanced manufacturing and automotive supply chains.ADIO said the partnership aligns with its strategy to accelerate high-value industrial investments and build resilient supply chains across priority sectors, further reinforcing Abu Dhabi’s competitiveness as a regional and global manufacturing and export hub.Under the partnership, a large-scal..