Ola gives up over 1.7 lakh sq ft of office space in Bengaluru amid AI automation and operational recalibration: Sources

Ola has surrendered more than 1.7 lakh sq ft of leased office space in Bengaluru as it accelerates the use of artificial intelligence and automation across its operations, people familiar with the matter said. Ola has surrendered over 1.7 lakh sq ft of office space in Bengaluru amid increased use of AI and automation, sources […]

Standard Chartered Bank sells office space in Mumbai’s Bandra Kurla Complex for ₹197 crore

Standard Chartered Bank has sold an office unit at Mumbai’s Bandra Kurla Complex (BKC) for ₹197 crore, according to property registration documents accessed by Propstack. Standard Chartered Bank has sold an office unit in Mumbai’s Bandra Kurla Complex (BKC) for ₹197 crore, property registration documents accessed by Propstack show. (Photo for representational purposes only) (Unsplash) […]

Data service stocks plunge up to 10% as Anthropic releases AI in legal space

Shares of legal software firms and other data service companies plunged on Tuesday after Anthropic released a new AI automation tool that investors worry could eat into much of their core businesses. RELX Plc and Wolters Kluwer NV, both providers of professional analytics, fell more than 10%. Other software companies dropped, credit-reporting firm Experian Plc […]

Apple expands Hyderabad presence, leases additional 57,000 sq ft office space, taking total footprint to 6.3 lakh sq ft

Apple India Private Limited has leased 57,000 sq ft of office space at WaveRock IT Park in Hyderabad for five years at a monthly rent of ₹71.6 lakh, expanding its total footprint at the campus to approximately 6.34 lakh sq ft, according to documents accessed by Propstack. Apple India has leased 57,000 sq ft at […]

HERE Solutions leases over 2 lakh sq ft office space in Navi Mumbai for ₹147 crore over 10 years

HERE Solutions India Private Limited, an IT firm, has signed a long-term lease for commercial office space spanning 2.08 lakh sq ft in Mindspace Business Park, Airoli, Navi Mumbai, near Mumbai, at a total rent of ₹147 crore for 10 years, according to property registration documents accessed by Propstack. Mumbai real estate update: HERE Solutions […]

Morgan Stanley Advantage Services Pvt Ltd leases 1.6 lakh sq ft office space in Bengaluru for ₹1.92 crore a month

Morgan Stanley Advantage Services Private Limited has leased about 1.6 lakh sq ft of office space at Ecoworld on Bengaluru’s Outer Ring Road–Sarjapur corridor for a monthly rent of ₹1.92 crore for nearly five years, according to documents accessed by data analytical firm Propstack. Morgan Stanley Advantage Services has leased about 1.6 lakh sq ft […]

EY Global Delivery Services leases 1.72 lakh sq ft office space in Noida at ₹98.5 lakh monthly rent

EY Global Delivery Services India LLP has leased four floors spanning 1.72 lakh sq ft of office space at Embassy Oxygen Business Park in Noida for five years, at a monthly rent of ₹98.52 lakh, according to property registration documents accessed by Propstack. Noida real estate deal: EY Global Delivery Services India LLP has leased […]