Birlasoft Leases Office Tower in Assotech Project in Noida

Birlasoft, a software solution provider, has acquired an entire 3-lakh sq. ft. of office tower on lease in Assotech Business Cresterra business park in Noida. The lease period is for 9 years with an option to renew in every 3 years. The agreed monthly lease rental will be Rs 42 per sq. ft.

The company is planning to make this office space its new corporate headquarter and all three offices, located in Sector 63, will be shifted to this building which can accommodate almost 3,000 employees.

Assotech Business Cresterra, an integrated business park built by Assotech Realty, is a mixed-use project with 75,000 sq. ft. of retail space, 1.6 million sq. ft. of office spaces across six towers and 190-key serviced suites which are managed by Lemon Tree Hotels. The first phase of this project is completed with 1.1 million sq. ft. of saleable area development. Assotech Realty is set to begin the construction of the second phase.

Source: ET Realty

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