India, Aug. 10 -- Chubb Business Services India Private Limited, the Indian arm of global insurance major Chubb, has leased an additional 1.68 lakh sq ft of office space in Hyderabad's Madhapur for a total rent commitment of Rs.115 crore, according to property registration documents accessed by Propstack.

The fresh lease covers three floors,12th, 14th and 16th, in the Octave Block of Salarpuria Knowledge City. Chubb had earlier leased the 15th floor in October 2022.

According to the registration documents, the latest transaction covers 168,576 sq ft of chargeable area across the three floors of Salarpuria Knowledge City (Parcel-4), Octave Block. The 12th and 14th floors have been leased for five years, while the lease for the 16th floor...