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Wipro Signs 145,000-Sq-Ft Lease at Mindspace Airoli

The premises are slated for handover on January 7 with rent kicking in from April 1 under a five-year term.

Overview

  • Wipro will pay a starting monthly rent of ₹97.25 lakh, equivalent to about ₹67 per sq ft, with CAM charges of ₹12 per sq ft.
  • The transaction was registered on December 29, 2025, with stamp duty of over ₹78 lakh and a ₹30,000 registration fee recorded.
  • The agreement carries a 36-month lock-in and provides an 84-day rent-free period from handover.
  • Both the monthly rent and the ₹5.83 crore security deposit escalate 5% annually over the lease term.
  • The deal includes 97 car parking spaces and adds to Wipro’s earlier 3.87 lakh sq ft lease at the same campus in 2025.