India, May 16 -- Eternal Limited, the recently rebranded parent company of Zomato, Blinkit, Hyperpure and District, has leased six commercial office units in Andheri East for a monthly rent of Rs.1.34 crore.

The lease covers 84,157 sq ft on the sixth floor of the R Square office complex, located near JB Nagar, and includes 57 parking slots. The property is owned by Histyle Retail Pvt Ltd, a subsidiary of Mumbai-based Runwal Realty.

According to details accessed via CRE Matrix, the agreement is valid for five years, with a fixed monthly rent of Rs.160 per sq ft for the initial three years. A 15% rent escalation will take effect thereafter. The total payout over the lease term is estimated at Rs.95 crore, inclusive of maintenance charges....