Google Connect Services India Pvt Ltd has renewed its lease for around 6 lakh sq ft of office space in Hyderabad for three years at an annual rent of Rs 37.03 crore.
The firm has leased the ground, first, second, third, eighth, and ninth floors in the building Meenakshi Technova spread across an area of 29,1708 sq ft, and the ground, fourth, fifth, sixth, seventh, and tenth floors spread across 29,1708 sq ft. It has paid a deposit of Rs 28 crore, the documents showed.
The lease has been renewed from October 2022 to October 2025 at a rent of Rs 52.90 per sq ft. The total area leased by the company now stands at 583416.75 sq ft. The commercial complex is located in the business suburb of Nanakaramguda. It is home to several corporate firms. It should be noted that the confirming party has constructed the building Technova comprising three basement levels, one ground floor, and 10 upper floors.
