India, Jan. 6 -- IT major Wipro Limited has expanded its presence by leasing 1.45 lakh sq ft of commercial space in Mindspace Business Parks, Airoli, near Mumbai, for a period of five years at a total rent of over Rs.61 crore, according to property registration documents accessed by CRE Matrix.
The new lease expands Wipro's existing footprint in the business park, where it leased 3.87 lakh sq ft last year for a starting monthly rent of over Rs.2.47 crore.
The agreement, signed with Mindspace Business Parks Private Limited, commences on April 1, 2026, and is valid for five years (60 months), as per the documents.
The property will be handed over to the company on January 7, 2026 for which the transaction was registered on December 29, 2...
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