India, Oct. 9 -- Credit rating agency CRISIL Limited has signed a 15-year lease agreement for approximately 2.5 lakh sq ft of office space, valued at Rs.597 crore, in Hiranandani Lightbridge, located in the Saki Vihar area of Powai, Mumbai, according to property registration documents accessed by Propstack.

The deal is among the largest commercial real estate transactions in Mumbai this year. According to the documents, the lease is a new agreement with landlords Nathan Properties Pvt. Ltd. and Gamma Construction Pvt. Ltd., both part of the Hiranandani Group and the House of Hiranandani Group.

The lease is scheduled to commence from August 31, 2025, and the company will occupy space on the 10th to 15th floors in the Lightbridge building...