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Maersk leases about 2 lakh sq ft office space in Kharadi in Pune for ₹1.45 cr monthly rent

17 Apr 2026

Pune real estate update: Maersk has leased the space at EON Free Zone B for 10 years and paid a security deposit of ₹8.71 crore | Real Estate News
Maersk leases about 2 lakh sq ft office space in Kharadi in Pune for ₹1.45 cr monthly rent

Maersk Leases 1.93 Lakh Sq Ft Office Space in Pune's EON Free Zone B

Key Highlights:

  • Maersk Global Service Centres (India) Pvt Ltd has leased 1.93 lakh sq ft of office space in Pune for 10 years.
  • The lease agreement was signed at a rental rate of ₹75 per sq ft per month.
  • The total chargeable area stands at 1,93,485 sq ft, spread across the ground and five upper floors.
  • The agreement includes a security deposit of approximately ₹8.71 crore and rent increase by 15% every three years.

Maersk Global Service Centres (India) Pvt Ltd has leased 1.93 lakh sq ft of office space in Pune's EON Free Zone B, one of the city's key commercial hubs, according to documents accessed by Propstack.

Lease Agreement Details:

  • Rental Rate: ₹75 per sq ft per month.
  • Total Chargeable Area: 1,93,485 sq ft.
  • Lease Tenure: 10 years.
  • Security Deposit: Approximately ₹8.71 crore.
  • Rent Increase: 15% every three years.

The lease agreement was signed at a rental rate of ₹75 per sq ft per month, with the total chargeable area standing at 1,93,485 sq ft, spread across the ground and five upper floors.

Rent Commencement and Lock-in Period:

  • Rent Commencement for Ground to Third Floors: December 2026.
  • Rent Commencement for Fourth and Fifth Floors: June 2027.
  • Lock-in Period: Six years from December 14, 2026.

The agreement includes a rent commencement date of December 2026 for the ground to third floors and June 2027 for the fourth and fifth floors, with a lock-in period of six years from December 14, 2026, during which the tenant cannot terminate the lease.

Related Transactions:

  • CitiCorp Services India Pvt Ltd leases 7.7 lakh sq ft office space in Pune's Kharadi for ₹1,096 crore for 10 years.
  • Infosys leases 1.3 lakh sq ft office space in Pune's Embassy Tech Zone for a monthly rent of ₹70.4 lakh for three years.
  • Hrithik Roshan renews rental agreement for 9,209 sq ft commercial space in Pune's Kharadi area for a monthly rent of ₹6.08 lakh.

Related transactions in Pune include CitiCorp Services India Pvt Ltd leasing 7.7 lakh sq ft of office space, Infosys leasing 1.3 lakh sq ft of office space, and Hrithik Roshan renewing his rental agreement for a commercial space in the Kharadi area.