Facebook has picked up 90,000 sq ft office space at commercial tower One BKC in Mumbai’s business district Bandra-Kurla Complex (BKC) through renewal and new lease agreements with the Blackstone Group.
Facebook, which has over 330 million active users in India, had initially leased over 20,000 sq ft in this tower in 2015 to set up its corporate office.
Following this, the company has been leasing additional space in this office building controlled by Blackstone Group-entity Nucleus Office Parks.
Interestingly, Facebook has renewed its existing agreements and leased new space at over Rs 320 per sq ft as against earlier rentals of around Rs 275 per sq ft.