McKinsey & Company has renewed its Mumbai office lease in Bandra Kurla Complex, locking in prime space with a high rental rate. The agreement begins October 1, 2026 and runs for ten years, highlighting continued demand from global firms for premium commercial locations. The renewal is reported among the costliest office leases in India.
Office rental rates in Bengaluru and Delhi NCR have crossed Rs 100 per sq ft per month, signaling a widening gap between demand and limited prime workspace supply. The trend mirrors Mumbai, where rents already sit above the benchmark. Across eight major cities, office rents rose 2–15% year-on-year in early 2026, with leasing activity reaching a record 29.
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