Real Estate Maharashtra

3 Financial Firms Lease 28,976 Sq Ft in Lower Parel's Marathon Futurex

By GeoSquare News Desk · Published 2026-11-04

Lease Deal Highlights

In a notable transaction, three financial services firms have collectively leased 28,976 square feet of office space at Marathon Futurex in Lower Parel, Mumbai. The monthly rental for this space is approximately ₹9.945 lakh, reflecting the premium positioning of this Grade-A commercial asset.

Market Context

Lower Parel continues to be a preferred destination for financial institutions due to its strategic location, excellent connectivity, and modern infrastructure. This lease agreement underscores the sustained demand for quality office spaces in Mumbai's central business district, even as hybrid work models evolve.

Implications for Investors

For property investors and landlords, this deal signals healthy leasing activity in prime micro-markets. The presence of multiple financial tenants indicates stable rental yields and long-term occupancy potential. Such transactions also reinforce the resilience of Mumbai's commercial real estate segment.