700,000 sq ft of office space in Chennai acquired by Qualcomm
American multinational semiconductor company Qualcomm has leased 700,000 sq ft in Chennai to expand and consolidate its operation in the city. The new office will come up in the 24-acre IT SEZ, Ramanujan IT Park.
The firm would be paying more than Rs 80 per sq ft as rent for the long-term lease, including escalations every 3 years, as per the terms of the agreement.
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