India, Jan. 15 -- US-based insurer Hartford Global Services Pvt Ltd's India arm has leased 1.59 lakh sq ft of office space in Hyderabad's Gachibowli IT corridor for a five-year term, at a total monthly rent of Rs.92.28 lakh, according to the lease deed documents accessed by CRE Matrix

Located in Kalyani Trident, the leased space spans the 21st and 22nd floors, the agreement showed. Hartford will pay Rs.44.48 lakh per month for 76,701 sq ft on the 21st floor and Rs.47.79 lakh per month for 82,406 sq ft on the 22nd floor.

The rent translates to Rs.58 per sq ft per month, with a security deposit of about Rs.5.53 crore. The lease includes 213 car parking slots, each charged at Rs.3,500 per car per month, the document showed.

The office spa...