Finance
TonyCognizant's Mindspace Lease: A Tech Titan's Smart Move
Cognizant just pulled a power move, renewing their lease at Mindspace, Navi Mumbai, for a whopping ₹62.7 lakh a month! That's 92,208 square feet of tech wizardry, complete with 99 parking spots and a rent-free vacation in 2030. It's like a corporate superhero lair, proving they’re not just in the game but dominating it!
few days ago | Sunainaa Chadha
Quick rundown
1.Cognizant renews lease at Mindspace in Navi Mumbai.
2.The lease covers 92,208 sq ft with a monthly rent of ₹62.7 lakh.
3.The renewal highlights steady demand for Grade-A office spaces.
4.Mindspace offers excellent transport connectivity and business ecosystem.
5.The lease includes a 36-month lock-in period and 4.5% annual escalation.
