Boston Consulting Group (BCG) has picked up nearly 1,00,000 sq ft of office space on a long-term lease at the commercial complex Maker Maxity in Bandra-Kurla Complex (BKC), Mumbai.
The firm has leased the space across eight floors in Maker Maxity’s North Avenue 2 for a total of 10 years with a lock-in period of six years.
With an average starting rent of Rs 450 per sq ft a month, which will see an escalation every year, the firm will be paying rent and deposit of over Rs 560 crore over the total tenure of the lease agreement.
The firm is undertaking both consolidation and expansion of its offices with this space take up.
Its current office is spread over 29,000 sq ft in Nariman Bhavan at Nariman Point. It also holds around 18,000 sq ft of office space at Maker Maxity.