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BNP Paribas leases 1.45 lakh sq ft office space in Hiranandani Centaurus, Thane

#Builders & Projects#India#Maharashtra#Thane
Last Updated : 22nd Sep, 2025
Synopsis

BNP Paribas India Solutions has leased 1.45 lakh sq ft of office space at Hiranandani Centaurus, Thane West, for INR 94.95 lakh per month. The five-year lease, starting July 2025, covers two floors of the Grade-A commercial tower and includes 145 parking slots. With delivery centres already in Bengaluru, Chennai, and Mumbai, the expansion reflects the firm's continued growth in India. Earlier this year, BNP Paribas signed one of Mumbai's highest-value office deals at Maker Maxity in Bandra Kurla Complex.

BNP Paribas India Solutions Private Limited, a wholly owned subsidiary of BNP Paribas SA, has signed a lease for 1.45 lakh sq ft of office space at the Hiranandani Centaurus project in Thane West. The lease agreement with Roma Builders Pvt Ltd was executed in July 2025 and runs for five years.


The space includes the 11th and 12th floors of the commercial tower and will provide a carpet area of 99,831 sq ft, translating into a chargeable area of 145,384 sq ft. Monthly rent has been set at INR 94.95 lakh, which works out to INR 65 per sq ft. The agreement includes an annual escalation of 4.75% and a security deposit of INR 8.5 crore.

According to registration documents, rent payments will begin in April 2026. Along with the office space, the company will also have the right to use up to 145 parking slots in the basement.

BNP Paribas India Solutions, set up in 2005, operates as a 24-7 global delivery centre supporting BNP Paribas- corporate and institutional banking, wealth management, and retail banking businesses. It already has delivery hubs in Bengaluru, Chennai, and Mumbai.

The company has been actively expanding its office presence in India. In February 2025, BNP Paribas leased a premium 3,497 sq ft ground-floor unit at Maker Maxity in Bandra Kurla Complex, Mumbai, at INR 811 per sq ft. That five-year lease deal, valued at around INR 17 crore, was among the highest-value commercial property transactions in the country and reinforced BKC's position as India's costliest business district.

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