Thane: House of Hiranandani has leased approximately 2.72 lakh sq ft of office space in Thane to Accenture Solutions, marking a significant commercial real estate transaction in the Mumbai Metropolitan Region (MMR).
The
transaction highlights the growing demand for large, high-quality office spaces
in Thane, which has emerged as an important commercial destination for
multinational companies and Global Capability Centres (GCCs).
Accenture’s
expansion in the city reflects the increasing preference among large
enterprises for well-planned business districts offering modern office
infrastructure, connectivity and access to a growing talent pool.
For House
of Hiranandani, the leasing deal strengthens its commercial real estate
portfolio and demonstrates continued occupier demand for premium office
developments in Thane.
The
transaction also comes amid sustained activity in Mumbai’s peripheral
commercial markets, where improved road and rail connectivity and comparatively
competitive real estate costs are attracting major corporate occupiers.
Industry
observers expect Thane to remain an important office market as companies
continue to expand their operations across established and emerging business
hubs in the MMR.
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