After Facebook, e-commerce major Amazon and IT major Cisco have taken up over 30,000 sq feet and 50,000 sq ft office space respectively on lease at Radius Developer owned OneBKC, Mumbai.
While Amazon has taken up the space for a five-year period at Rs 280 per month/per sq feet. Cisco will be occupying the space for a nine year period and will pay an average rental of Rs 250 per month/per sq feet.
Sanjay Chabbaria owned Radius Developer confirmed the development.
A company spokesperson when contacted told
Last year, Amazon had leased 1.2 million sq feet in Bengaluru. It also has its development centres in Hyderabad besides 20 fulfilment centres across India. Experts note that Amazon which has several offices in Bengaluru, may be looking to consolidate its India presence with another office space.
Cisco, meanwhile, will set up its its sales and marketing team at OneBKC.