42,700 Sq ft office space leased by Blackrock in Mumbai
American multinational investment company Blackrock Services India Pvt Ltd has leased 42,700 sq ft of office space in Mumbai's posh Worli for a monthly rent of Rs 300 per sq ft. The space is leased for 5 years and will have a monthly rent of Rs 1.1 crore for the first eight months and Rs 1.28 crore for the next four months. Further as per agreement the rent will have an escalation of 10 percent in April 2026, five percent in 2027, and another five percent in 2028.
The space is located on the 13th floor of the office tower Altimus developed by realty developer K Raheja Corp’s subsidiary Whispering Heights Real Estate.
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