India, Oct. 17 -- Sumitomo Mitsui Banking Corporation (SMBC), a Japanese banking corporation, has leased nearly 50,000 sq ft of office space in Mumbai's Bandra-Kurla Complex (BKC) from Goisu Realty Private Limited, the Indian real estate arm of Japan's Sumitomo Realty and Development Co. Ltd. According to property registration accessed by Propstack, the space was leased for five years at a total rent of Rs.189 crore.

The fresh lease covers 49,820 sq ft on the higher floor of Sumitomo C65, a commercial tower in BKC. The agreement is dated October 6, 2026, and carries a five-year tenure, according to transaction details. The rent is pegged at Rs.694 per sq ft per month, translating to an approximate starting rent of Rs.3.46 crore a month....