Sopra Steria leases 4.74 lakh sq ft in Noida for 15 years
In short
Sopra Steria has leased 4.74 lakh sq ft of office space at Maconns Grande in Noida's Sector 132 for 15 years. The rent is Rs 3.755 crore a month, with a 10% rise every three years.
This matters for the company’s India office footprint and for the local commercial property market. The reporting does not say when the space will be occupied or what the full lease will cost.
What the reporting says
Sopra Steria has leased 4.74 lakh sq ft of office space at Maconns Grande in Noida's Sector 132 for 15 years, according to a publisher summary. The monthly rent is Rs 3.755 crore with a 10% escalation every three years. The reporting does not state when occupancy begins or the total lease value.
Why it matters
The French technology company Sopra Steria has leased 4.74 lakh sq ft at Maconns Grande in Noida's Sector 132 for 15 years, with monthly rent of Rs 3.755 crore and a 10% escalation every three years. This affects office demand in Noida and the company's India operations. The source does not state the start date, total lease cost, or any operational reason for the expansion.