Lease Agreement Particulars

  • Premises: 17th Floor - North and South Wing of Phoenix Centaurus
  • Location: Survey No. 203 (P), Manikonda Village, Rajendra Nagar Mandal, Hyderabad, Rangareddy District, Telangana
  • Area: 1,19,526 square feet

Financial Terms

  • Annual Rent: ₹11,18,76,336 (Indian Rupees Eleven Crore-Eighteen Lakh Seventy-Six Thousand Three Hundred and Thirty-Six Only)
  • Payment Frequency: Monthly installments of ₹93,23,028 (Indian Rupees Ninety-Three Lakh Twenty-Three Thousand Twenty-Eight Only)
  • Rent Commencement Date: 27th November 2026
  • Rent Escalation: 15% escalation at the end of every 3 years commencing from Lease Commencement Date

Lease Term

  • Initial Term: 5 (Five) years
  • Renewal Option: Option to renew for another term of 5 (Five) years on mutual agreement
  • Lock-in Period: Initial 3 years from Lease Commencement Date

Counterparty Information

  • Lessee Identity: Confidential due to confidentiality provisions in the Letter of Intent executed between parties
  • Shareholding: No shareholding in the entity with whom the agreement is executed
  • Related Party: Not a related party transaction

Company Identification

  • CIN No: L74140TG1992PLC014182