LinkedIn renews Mumbai office lease

28 Sep 2023 CW Team

LinkedIn has extended its lease for approximately 18,000 sq ft of office space in Maker Maxity, a commercial project situated in Mumbai's business hub, the Bandra-Kurla Complex (BKC). The renewal is for a substantial five-year term.

LinkedIn secured the lease for six office units located on the fourth floor of one of the towers within the complex, each owned separately. These renewals were agreed upon at record monthly rentals of Rs 565 per sq ft, resulting in a combined monthly lease payment exceeding Rs 10 million.

The renewed leases for these six separate units are set to commence in August 2024, as per documents accessed via Propstack. In conjunction with these renewals, LinkedIn will be providing total deposits amounting to Rs 100 million.

Despite attempts to reach out to LinkedIn via email, the company had not responded as of the time of this report.

LinkedIn maintains offices in various major Indian cities, including Bengaluru, Gurgaon, and New Delhi.

Globally, the professional networking platform boasts more than 950 million members spanning 200 countries and regions. India stands as the second-largest contributor to its membership, with over 110 million members, following the United States with over 206 million members.

LinkedIn's global presence includes a workforce of over 19,500 employees across 36 offices, and in the fourth quarter of 2022-23, the company achieved revenues surpassing $15 billion for the first time.

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..