IDFC First Bank leases 4 entire floors of office space in Mumbai’s Goregaon

IDFC First Bank secured 1.65 lakh sq ft of office space at Oberoi Commerz III, Goregaon, in Mumbai on a five-year lease beginning January 2025. With a three-year lock-in period, the deal includes a 15% rent increase after 36 months. Monthly maintenance costs contribute to a total expenditure exceeding Rs 171 crore over the lease period.