The office in Chennai will come up in the Brigade World Trade Centre; in Mumbai it has signed a long-term lease agreement for space at Godrej Two and in Bengaluru with Bagmane Rio
Tata Realty has around six million sq ft of office space ready and leased and another one million sq ft is under construction and will be ready by November in Gurgaon.
Apple’s new Bengaluru office is expected to come up at Prestige Mink Square; whereas Wells Fargo is in discussion for a built-to-suit office space in Hyderabad with DivyaSree developers.
It is important to start now and design buildings that are equipped with safe, smart and sustainable building technologies for the future, writes Raj Manek.
Most tenants, especially middle-rung companies, are seeking waivers and deferment of rental payments to tide over the impact of the public health crisis that forced a 68-day national lockdown till May 31 with some restrictions remaining to date.
India stands at the threshold of a new wave of industrial growth; and over the last few months, propelled in part by the economic slowdown, the central government and several state governments have initiated policies and reforms to make India competitive for global firms.
