The Google Connect Services Private Limited renewed the lease of its 6,00,000 sft office lease for another three years with an annual lease of Rs 37.03 crore. The Google took 2,91,708 sft in the first, second, third, eighth and ninth floors of Meenakshi Technova Bhavan, besides taking 2,91,708 sft in the ground, fourth, fifth, sixth, seventh and 10th floors. The company paid a deposit of Rs 28 crore for the purpose.
It renewed the lease by another three years i.e. till October 2025 by paying a lease amount of Rs 52.90 per sft. The total area leased by the company is put at 5,83,416.75 sft. In October, DC Development Noida Limited gave 4.64 lakh sft of space on sub-lease on a monthly rent of Rs 10.9 crore to Google group company Raiden Infotech India Private Limited. The Google took the space on lease in Adani Data Center located in Sector 62 of Noida.
