1.15 lakh sq ft office space leased by NPCI
Payments and settlement service provider in India, National Payments Corp of India (NPCI) has picked up an office space spread over more than 1.15 lakh sq ft spanning two floors in a commercial project in Mumbai’s western suburb Goregaon. The space is leased for 5 years at a monthly rent of Rs 2.15 crore.
As per the update, the agreement includes a 15% rent escalation clause after three years, with a total rental payout surpassing Rs 136 crore.
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