.2 minutes read through Final Upgraded: Sep 27 2024|11:56 PM IST.Property control company SBI Finances Control has acquired workplace stretching over 67,870 sq ft at Parinee Cresenzo in Mumbai's Bandra-Kurla Facility (BKC) for Rs 103 crore, depending on to realty data platform Propstack.The company did not respond to a question from Organization Requirement. Visit here to associate with our team on WhatsApp.The package comes with a time when India's workplace market is watching significant demand.A handful of days earlier, Adar Poonawalla, ceo of Cream Institute of India as well as manager of Rising Sun Holdings, purchased the 1st floor of Cerebrum IT Playground in Pune for Rs 395 crore. Depending on to latest records, ICICI Prudential Asset Control Company got in a big workplace deal near Mumbai International Airport for Rs 315 crore. In yet another huge package, Kinnteista, real estate investor Rekha Jhunjhunwala's agency, supposedly bought office space in BKC and Chandivali in Mumbai for Rs 740 crore. Additionally, Red Fox IT Infra, a subsidiary of Redbrick Workplaces, is actually know to have gotten many office spaces in Mumbai in a Rs 260-crore package..However, a number of the workplace offers reside in leasing. Home consultancy Cushman & Wakefield, in a latest file, pointed out that leasing throughout the top eight cities is actually anticipated to go over 80 thousand square feet in 2024. This is actually being actually driven through a mix of factors, consisting of the continuous development of markets such as IT and also financial companies.Among others, Deloitte Shared Services leased 80,000 square foot of office space in Oberoi Commerz III, Mumbai, previously this month. The lease is actually assumed to begin on November 1.Morgan Stanley also rented 1 million sq ft of office in the same complicated in Mumbai just recently. The annual lease, crossing a 10-year duration, is approximated at Rs 192 crore, with a security deposit of Rs 104.9 crore, depending on to documents.In Bengaluru, real estate gamer RMZ Organization leased 360,000 square foot of office space to Chevron Global Innovation as well as Services at RMZ Ecoworld 30-series lately. Chevron is expected to set up a design as well as technology excellence centre within this room.In the 1st one-half of 2024 alone, leasing activity reached 41.9 million sq ft, working with the best leasing edition captured for the very first fifty percent of any sort of year until now, depending on to field information. This figure make up 56 percent of the overall gross leasing quantity (GLV) for 2023.First Posted: Sep 27 2024|11:56 PM IST.