Pune real estate: Welspun Enterprises leases 4.5 lakh sq ft commercial space for a total rent of over rRs.r82 crore
India, April 20 -- Welspun Enterprises Ltd has leased 4.5 lakh sq ft of commercial office space in Radius IT Park in Pune's Hinjewadi for over Rs.82 crore, according to property registration documents accessed by Propstack.
According to the documents, the space was leased for 5 years, commencing on April 1, 2026, and expiring on March 31, 2031.
The documents show that the space was leased from Indo Global Soft Solutions and Technologies Pvt Ltd
The transaction includes 3.29 lakh sq ft of carpet space and 4.57 lakh sq ft chargeable area. The starting monthly rent is Rs.1.25 crore, and there is a clause for an annual 5% escalation in the monthly rent, according to the documents.
The transaction was registered on March 27, 2026, for whic...
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