India, April 15 -- Walmart has leased 4.6 lakh sq ft of office space in Chennai for Rs.3.26 crore monthly rent, documents accessed by Propstack showed.

The office space is located in International Tech Park, and the company paid a deposit of Rs.19.55 crore, they showed.

The landlord is Radial IT Park Private Limited, according to the document. The lease period commenced on January 1, 2025, and the total tenure is for five years.

Walmart has leased four floors in the office building for Rs.70 per sq ft per month. The rent will go up by 4% every year, the documents showed.

Email queries have been sent to Walmart and Radial IT Park. The copy will be updated if a response is received.Also Read: South Indian cities lead in commercial leasi...