New Delhi, Oct. 18 -- Sumitomo Mitsui Banking Corporation (SMBC) has leased nearly 50,000 sq ft of premium 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.

The space was leased for a five-year tenure at a total rent of Rs.189 crore, according to property registration documents accessed by Propstack, as reported by Hindustan Times (HT).

The fresh lease, dated 6 October 2026, covers 49,820 sq ft on a higher floor of Sumitomo C65, a commercial tower in BKC. The rental agreement is priced at Rs.694 per sq ft per month, translating to a starting monthly rent of approximately Rs.3.46 crore.

At this rate, the annual rental outg...