Citigroup picks up 7.7-lakh-sq-ft office in Pune’s Kharadi through long-term lease

Citigroup Inc has leased over 7.7 lakh sq ft of office space in Pune's Kharadi locality for 10 years in a deal worth Rs 1,100 crore. The space spans 10 floors of Panchshil Business Hub. This significant lease highlights India's resilient commercial real estate market, driven by multinational demand for setting up global capability centres.