India, Dec. 15 -- The ArcelorMittal Global Capability Centre (GCC) has leased approximately 1 lakh sq ft of office space at Nalanda SEZ IT Park in Hinjewadi, Pune, through two separate lease agreements, which will increase its total monthly rent to around Rs.62.6 lakh, according to lease documents shared by Propstack.

Both leases have been signed with Nalanda Shelter Private Limited, marking fresh occupancies at the IT park.

Under the first agreement, ArcelorMittal GCC has taken 25,581 sq ft on the ground floor of the building, with the lease commencing on May 15, 2025. The space, designed to accommodate around 300 seats along with cabins and meeting rooms, has been leased at a rental of Rs.85 per sq ft per month, translating to a month...