Facebook to set up corporate office in BKC

|September 10, 2015 0

MUMBAI, INDIA: Social networking major Facebook has concluded a deal to lease 22,000 sq ft at BKC, one of the prime destinations for the corporate sector, to set up its corporate office.

The company will occupy space on the seventh floor of One BKC, a commercial tower controlled by Radius Developers.

According to a report in the Times of India, the lease agreement is for five years with 15 percent increase in rent every three years. Facebook will pay an annual lease rent of around Rs 6.5 crore, ToI reported.

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