Google India Renews Office Lease at ₹3.55 Cr PM, Google Cloud India at ₹1.24 Cr PM in Mumbai’s BKC

Mumbai, February 13, 2025: Google India Private Limited and Google Cloud India Private Limited have renewed their office space leases at the Bandra-Kurla Complex (BKC) in Mumbai according to property registration documents reviewed by Square Yards on the website of the Inspector General of Registration. Both the lease renewal transactions were officially registered in February 2025.

The leased office spaces are located in the First International Financial Center (FIFC), a commercial project spanning 1.99 acres in BKC, Mumbai’s key commercial district. BKC serves as the city’s central business district (CBD) and a prime hub for the BFSI sector and Fortune 500 companies. It is home to leading banks, financial institutions, and corporate headquarters. Its strategic location, with seamless connectivity via the Western Express Highway, Bandra-Worli Sea Link, international airport, and the upcoming metro, continues to reinforce its status as Mumbai’s most sought-after commercial destination.

Google India Private Limited has renewed its lease for an office space spanning a total chargeable area of 1,10,980 sq. ft. (~10,310 sq. m) across two floors, at First International Financial Center (FIFC), Bandra East, according to IGR property registration documents reviewed by Square Yards. The lease agreement includes a monthly rent of INR 3.55 crore. It has been renewed for next five years, staring from June 2025.

The rent per square feet is INRF 320 per month as per the agreement. It also features an escalation clause stipulating a 15 per cent rent increase after 36 months. Additionally, the firm paid a security deposit of INR 9.64 crore. The lease incurred a stamp duty of INR 1.87 crore and registration charges of INR 30,000.

According to IGR property registration documents reviewed by Square Yards, Google Cloud India Private Limited has also renewed its lease for an office space spanning a chargeable area of 38,678 sq. ft. (~3,593 sq. m) across a single floor at First International Financial Center (FIFC), Bandra East. The lease agreement includes a monthly rent of INR 1.24 crore. It has been renewed for next five years, staring from June 2025.

The rent per square feet is INR 320 per month as per the agreement. It also includes an escalation clause specifying a 15 per cent rent increase after 36 months. Furthermore, the firm paid a security deposit of INR 3.13 crore. The lease agreement included a stamp duty of INR 66.92 lakh and registration charges of INR 30,000.