India, May 15 -- Eternal Ltd, formerly known as Zomato, has leased 84,157 square feet of commercial office space in Mumbai's Andheri for a total rent of Rs.85 crore over a five-year period, according to property registration documents accessed by CRE Matrix.

The documents reveal that the commercial space has been rented from Histyle Retail Pvt Ltd (Runwal Realty) and spans six units on the 7th floor of a building named R Square.

The lease agreement, which has a five-year duration, includes a three-year lock-in period. The license commencement date is set for May 1, 2025.

As per the agreement, the monthly rent for the first three years is fixed at Rs.1.34 crore, while for the remaining 24 months, it will increase to Rs.1.54 crore.

The ...