Oracle India signs lease for 50,000 sq. ft. office space in Bandra Kurla Complex, Mumbai, at Rs. 340/sq. ft. for 9 years, valued at Rs. 183.6 Cr.
Oracle India's deal for 1.2-million sq ft of office space in Brigade Northstar has collapsed due to pricing differences, halting plans to move 8,000 employees.
Indian real estate firms are increasingly adopting technology and ERP solutions to enhance productivity and manage resources amidst a market slowdown.