Categories Finance/Money

JP Morgan leases office in Mumbai’s BKC in Rs 1,000-cr rental deal

JP Morgan has leased over 116,210 sq ft in Sumitomo’s BKC commercial tower for 10 years, potentially extending to 25. The deal, estimated at nearly ₹1,000 crore initially and exceeding ₹2,500 crore overall, marks a significant commitment in Mumbai’s prime property market. This new office is expected to house JP Morgan’s India headquarters.

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