Thane Real Estate News: BNP Paribas India Solutions Leases 1.45 Lakh Sq Ft Office Space
BNP Paribas India Solutions has signed a significant lease for 1.45 lakh sq ft of office space in Thane West, marking a major corporate real estate deal in the region.
Real EstateThaneBnp ParibasOffice SpaceCommercial HubReal Estate MaharashtraSep 18, 2025
According to data from Zapkey.com, the company has leased the 11th and 12th floors of Hiranandani Centaurus, 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 monthly rent has been fixed 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.
The deal highlights Thane’s growing importance as a commercial hub, with large financial and technology firms increasingly opting for expansive Grade-A office spaces in the region. Thane, known for its strategic location and well-developed infrastructure, is becoming a preferred destination for corporate real estate investments.
Hiranandani Centaurus, developed by Roma Builders Pvt Ltd, is a prime example of the high-quality office spaces available in Thane. The building offers modern amenities and a prime location, making it an attractive option for companies like BNP Paribas India Solutions.
BNP Paribas India Solutions, a subsidiary of BNP Paribas, provides a wide range of financial and technology services. The company's decision to expand its presence in Thane reflects its commitment to leveraging the region's talent pool and infrastructure.
Thane's emergence as a commercial hub is not just due to its favorable real estate market but also its connectivity to other key areas in the Mumbai Metropolitan Region. The region's well-developed road and rail networks, along with its proximity to major industrial zones, make it an ideal location for businesses looking to expand their operations.
For more details on exclusive and budget-friendly property deals in Mumbai and surrounding regions, visit budgetproperties.in.
Frequently Asked Questions
What is the size of the office space leased by BNP Paribas India Solutions in Thane?
BNP Paribas India Solutions has leased 1.45 lakh sq ft of office space in Thane West.
Where is the office space located?
The office space is located in Hiranandani Centaurus, Thane West, developed by Roma Builders Pvt Ltd.
What is the monthly rent for the leased office space?
The monthly rent for the leased office space is Rs 94.95 lakh, which translates to Rs 65 per sq ft.
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 real estate investments?
Thane is becoming a preferred location for corporate real estate investments due to its strategic location, well-developed infrastructure, and connectivity to other key areas in the Mumbai Metropolitan Region.
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