Infosys BPM leases 1.3L sq ft in Pune’s Embassy Tech Zone

21 Apr 2025 CW Team

Infosys BPM, the business process arm of Infosys, has leased around 1.3 lakh sq ft of office space at Pune’s Embassy Tech Zone in Hinjawadi. As per registration documents accessed by Propstack, the company will pay a monthly rent of Rs 7 million for a period of three years.

The lease, signed at Rs 55 per sq ft per month, began on June 4, 2024, and was registered on December 12. Infosys has also paid a security deposit of Rs 63 million for the space, which spans five floors across Wing A and B. The property is owned by Embassy Pune Techzone Pvt Ltd.

Email queries to Infosys BPM and Embassy are currently pending response.

This lease adds to a series of big-ticket commercial deals in Pune. Earlier, CitiCorp Services India leased over 7.7 lakh sq ft from Panchshil Business Spaces at Kharadi for 10 years, in a deal valued around Rs 10.96 billion.

Co-working operator Awfis also picked up 2.7 lakh sq ft in Nyati Enthral 2, Kharadi, for five years at an annual rent of Rs 157.7 million.

In November 2024, CA (India) Technologies, a subsidiary of a US-based software firm, renewed a 1.08 lakh sq ft lease in Kharadi for five years at a yearly rent of over Rs 120 million.

Image Source:theflexinsights

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..