India, March 25 -- In one of the largest commercial office space rental deals in the Pune real estate market, CitiCorp Services India Pvt Ltd has leased over 7.7 lakh sq ft of office space from Panchshil Business Spaces Pvt Ltd for approximately 10 years, for a total rent of around Rs.1,096 crore, according to property registration documents accessed by CRE Matrix.

The commercial office space in Panchshil Business Hub at Kharadi, Pune spans 10 floors between levels 7 and 16.

The commercial office space was leased through three separate transactions, with the following details:

In the first transaction, 3.07 lakh sq. ft. across the 13th, 14th, 15th, and 16th floors was leased for 10 years, starting at a monthly rent of Rs.2.70 crore.

T...