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Logitech Electronics India has taken on a commercial office lease in the Bandra Kurla Complex (BKC), Mumbai, agreeing a five-year rental commitment totalling around INR 4 crore, according to official records. The company will occupy Unit No. 407 on the fourth floor of the Trade Centre building, a Grade A office property developed by Wadhwa Developers. The premises extend to roughly 2,010 sq ft of carpet area, with an annual rent escalation clause of 5% and a five-year lock-in period. Monthly rent is set at INR 6.03 lakh, accompanied by a security deposit of INR 81 lakh. The transaction was concluded with advisory support from Narains Corporate in partnership with real estate network Volney. The deal underscores ongoing occupier demand for quality commercial space in one of India's most prominent business districts.
Logitech Electronics India has formalised a lease for an office space in the Trade Centre building at Bandra Kurla Complex (BKC), Mumbai, under a commercial arrangement valued at approximately INR 4 crore over its five-year term. The commitment emerged from documents detailing the transaction, which was facilitated by Narains Corporate in partnership with Volney, a real estate advisory and investor network. Advertisement
The leased premises comprise Unit No. 407 on the fourth floor of the Grade A commercial property developed by Wadhwa Developers. The space has a carpet area of about 2,010 sq ft and is subject to a five-year lock-in period with an annual rental escalation of 5%. Under the terms of the agreement, the monthly rent is INR 6.03 lakh, and the security deposit amounts to INR 81 lakh. Together, these elements form the basis of the total rental commitment of nearly INR 4 crore across the lease period.
Trade Centre is acknowledged as a quality office asset within BKC, a commercial micro-market that continues to attract both domestic and international occupiers. The location is noted for its accessibility to major transport links, corporate headquarters and financial services firms, contributing to its standing as one of Mumbai's most sought-after business districts.
The transaction adds to recent activity in BKC's office leasing market, which has seen a mixture of high-profile corporate commitments in recent months, underpinning sustained demand for quality workspace in India's financial capital.
The involvement of Volney in the deal reflects the growing role of advisory networks in brokering corporate real estate transactions. The firm has been associated with other notable leases in the city's commercial property sector, signalling continued engagement by occupiers seeking premium office environments amid evolving office-space dynamics.
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