In one of the biggest real estate deals of the year, global banking major JP Morgan Chase has leased a massive 1.16 lakh square feet of premium office space in Bandra Kurla Complex (BKC), Mumbai’s premier financial district.
The high-value lease deal is pegged at ₹76.9 crore per month, with a duration of over 10 years, marking a significant commitment by the Wall Street giant to expand its footprint in India’s financial capital.
- Lessee: JP Morgan Chase
- Location: Bandra Kurla Complex (BKC), Mumbai
- Leased Area: 1,16,126 square feet
- Monthly Rent: ₹76.9 crore
- Lease Term: 10+ years
- Purpose: Expansion of financial services, technology, and back-office operations in India
This move comes as part of JP Morgan’s ongoing strategy to scale its operations in India, particularly across banking support services, analytics, and tech-driven functions. The deal signals renewed corporate confidence in Mumbai’s commercial real estate and underscores India’s growing role in global financial ecosystems.
Industry analysts note that this could be India’s biggest office lease of 2025, both in size and value, further cementing BKC’s reputation as the city’s most sought-after corporate hub.
With this landmark lease, JP Morgan not only strengthens its presence in India but also contributes to reviving momentum in the high-end commercial real estate market, post-pandemic.
