BNP Paribas India Solutions Secures 1.45 Lakh Sq Ft Office Space in Thane West
BNP Paribas India Solutions has signed a significant lease for 1.45 lakh sq ft of office space in Thane West, highlighting the region's growing importance as a commercial hub.
Real EstateThaneBnp ParibasOffice SpaceCommercial HubReal EstateSep 18, 2025
According to data from Zapkey.com, the company has leased the 11th and 12th floors of Hiranandani Centaurus, a premium office complex developed by Roma Builders Pvt Ltd. The lease, which began on July 10, 2025, covers a carpet area of 99,831 sq ft and a chargeable area of 145,384 sq ft.
The financial terms of the lease are noteworthy. The monthly rent has been set at Rs 94.95 lakh, translating to Rs 65 per sq ft, with an annual escalation of 4.75%. The agreement spans a five-year term and includes a security deposit of Rs 8.5 crore. The rent commencement date has been scheduled for April 10, 2026.
This deal underscores Thane’s emergence as a prominent commercial hub, attracting large financial and technology firms looking for expansive Grade-A office spaces in the region. Hiranandani Centaurus, with its modern infrastructure and strategic location, is becoming a preferred choice for companies looking to expand their operations in the Mumbai metropolitan region.
BNP Paribas India Solutions, a subsidiary of the global financial services giant BNP Paribas, has been expanding its footprint in India to cater to the growing demand for financial and technology services. The lease of this prime office space in Thane West is a strategic move to support the company's growth and operational needs.
Roma Builders Pvt Ltd, the developer of Hiranandani Centaurus, has a strong track record in delivering high-quality commercial properties. The complex is designed to meet the stringent requirements of modern businesses, offering state-of-the-art facilities and amenities to its tenants.
Thane, a part of the Greater Mumbai region, has been witnessing a surge in corporate interest due to its well-developed infrastructure, connectivity, and lower operational costs compared to central Mumbai. The region is rapidly evolving into a key commercial and residential hub, attracting both domestic and international businesses.
For those looking for exclusive and budget-friendly property deals in Mumbai and surrounding regions, platforms like BudgetProperties.in offer a comprehensive range of options to suit various needs and preferences.
This lease deal by BNP Paribas India Solutions is a clear indication of the growing confidence in Thane's real estate market and its potential to become a major commercial center in the years to come.
Frequently Asked Questions
What is the total area leased by BNP Paribas India Solutions in Thane West?
BNP Paribas India Solutions has leased 1.45 lakh sq ft of office space in Thane West.
Who is the developer of Hiranandani Centaurus?
Hiranandani Centaurus is developed by Roma Builders Pvt Ltd.
What is the monthly rent for the leased space?
The monthly rent for the leased space is Rs 94.95 lakh.
When does the rent commencement date for the leased space begin?
The rent commencement date for the leased space is scheduled for April 10, 2026.
Why is Thane becoming a preferred location for corporate offices?
Thane is becoming a preferred location for corporate offices due to its well-developed infrastructure, connectivity, and lower operational costs compared to central Mumbai.
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