TCS inks two big-ticket office lease deals

Riding on revenue growth, Tata Consultancy Services (TCS) has inked two large office space deals in the last quarter. TCS, India’s largest software firm, signed a 400,000 sq ft office space deal in Okaya Tower in Noida’s Sector 62.
It is expected to pay a rent of Rs 19 crore a year, or Rs 40 a sq ft a month, on the property. The lease deal is one of the largest in the National Capital Region (NCR) this year. The company also signed a 375,000-sq ft office deal in Brigade Bhuwalka Icon in Bengaluru’s Whitefield area, where it is expected to pay Rs 34 per sq ft a month.

Read more: Business Standard