M&M Financial leases 275,000 sq ft office space near BKC - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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M&M Financial leases 275,000 sq ft office space near BKC

The Mahindra Group company is planning to consolidate operations of all its four entities in this newly-leased office. The company will be paying monthly rental of ₹2.50 crore, taking the total pay out to around ₹270 crore. This is amongst the largest office lease transactions in the country's commercial capital post the Covid-19 pandemic. The long-term lease for a total tenure of 10 years will start this month and will see rental escalation of 5% every year.

from Industry-Economic Times
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