1 lakh sq ft space leased by Bank of America in Malad
Financial services company, Bank of America has leased an additional office spread over nearly 1 lakh sq ft in an information technology park Mindspace in Mumbai’s Malad West suburb. This lease takes the total office space of the firm to 2.70 lakh sq ft in this tower, making it Bank of America's one of the biggest centers in India.
The bank has entered a long-term lease of 9 years and will be paying a total rental of over Rs 120 crore through this entire term. The entire facility is expected to house more than 3,000 employees spanning across different verticals of operations and technology.