Dow India signs ₹250 crore, 10-year lease for 256,000 sq ft at Mindspace SEZ, Navi Mumbai. Deal highlights rising corporate demand for Grade A office spaces in MMR.

American financial services giant State Street Corporate Services has secured a landmark 10-year lease for 2.1 lakh sq ft in Coimbatore's IndiaLand Tech Park, highlighting the growing corporate interest in tier-2 Indian cities.

Industry analysts say the delay in replacing the Special Economic Zones (SEZ) Act of 2005 with the Development (Enterprise and Services) Hubs Bill of 2022 is hurting major office park rentals since firms are unwilling to lease space in SEZ parks.

Cognizant Technology Solutions, a multinational IT services and consulting firm headquartered in the United States, has recently vacated 1.15 million square feet of office space in Chennai.

Amazon Development Center (India), Amazon's software and support services division, has leased 200,000 square feet of office space in Pune's Gera Commerzone IT SEZ near Kharadi.