NEW DELHI: Google India and Google Cloud India have renewed their office space leases at the Bandra-Kurla Complex (BKC) in Mumbai.
The leased office spaces are located in the First International Financial Center (FIFC), a commercial project spanning 1.99 acres in BKC.
Google India has renewed its lease for an office space spanning a total chargeable area of 1.10 lakh sq ft (10,310 sq meters) across two floors.
The rent per sq ft is Rs 320 per month as per the agreement. The lease agreement includes a monthly rent of Rs 3.55 crore, according to the Inspector General of Registration (IGR) documents reviewed by Square Yards.
Additionally, the firm paid a security deposit of Rs 9.64 crore. The lease incurred a stamp duty of Rs 1.87 crore and registration charges of Rs 30,000.
Google Cloud India has renewed its lease for an office space spanning a chargeable area of 38,678 sq ft (3,593 sq meters). The lease agreement includes a monthly rent of Rs 1.24 crore.
The rent per square feet is Rs 320 per month as per the agreement. Furthermore, the company paid a security deposit of Rs 3.13 crore. The lease agreement included a stamp duty of Rs 66.92 lakh and registration charges of Rs 30,000.
Both the lease renewal transactions were officially registered in February 2025 and has been renewed for next five years staring from June 2025. Both the agreement features an escalation clause stipulating a 15% rent increase after 36 months.
