LinkedIn Secures Prime Office Space in Maker Maxity, BKC, Mumbai for a Monthly Rent of INR 1 Crore

Bandra Kurla Complex, Mumbai

LinkedIn Technology Information Private Limited (LTIPL) has strategically leased a substantial 17,794 sqft of premium office space in the prestigious Maker Maxity building, located in Mumbai’s elite commercial district, Bandra Kurla Complex (BKC).

The monthly rent for this prime space is set at Rs 1 crore, with a security deposit of Rs 10 crore, as per documents accessed by Propstack, a renowned real-estate data platform.

This lease agreement, encompassing six units acquired from different owners, is contracted for a period of five years, commencing from August 8, 2024. The rent per sqft is meticulously fixed at Rs 565. BKC, being one of the most expensive commercial districts in India, is a hub for major corporations and businesses, offering a plethora of amenities and unparalleled connectivity.

The leasing of office space in BKC by a global tech giant like LinkedIn underscores the enduring allure of Mumbai as a pivotal commercial hub. BKC, with its strategic location and state-of-the-art infrastructure, continues to attract leading corporations, reflecting the robust demand for premium office spaces in the city.

This rental office acquisition by Linkedin is likely to have a positive ripple effect on the real estate values in the vicinity, reinforcing BKC’s status as a sought-after commercial locale. The substantial monthly rent and the significant security deposit underscore the premium valuation of commercial spaces in this area and indicate the buoyancy of the commercial real estate market in Mumbai, despite the prevailing economic conditions.

The strategic location, coupled with the presence of diverse amenities and facilities, makes BKC a lucrative choice for corporations seeking to establish a prominent presence in Mumbai, thereby contributing to the overall dynamism and growth of the commercial real estate sector in Mumbai.