BNP Paribas India Solutions Inks Mega Office Lease in Thane’s Hiranandani Centaurus
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By L. Sadriwala
- September 20, 2025
BNP Paribas India Solutions, the technology and operations arm of global banking giant BNP Paribas, has finalized a major real estate deal in Thane West. The company has leased 1.45 lakh sq. ft. of Grade-A office space at the Hiranandani Centaurus commercial project, agreeing to a monthly rent of nearly ₹95 lakh.
Key Highlights of the Lease Deal
- Location: Hiranandani Centaurus, Thane West
- Floors Leased: 11th and 12th floors
- Carpet Area: 99,831 sq. ft.
- Chargeable Area: 1,45,384 sq. ft.
- Monthly Rent: ₹94.95 lakh (₹65 per sq. ft.)
- Tenure: 5 years (Lease executed July 10, 2025; rent commencement from April 10, 2026)
- Escalation Clause: 4.75% annual increase in rent
- Security Deposit: ₹8.5 crore
- Parking Rights: 145 basement slots
The lease agreement was signed with Roma Builders Pvt Ltd, the developer of the project.
About BNP Paribas India Solutions
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA. The company operates delivery centres in Mumbai, Bengaluru, and Chennai, supporting the bank’s global businesses, including:
- Corporate and Institutional Banking (CIB)
- Wealth Management
- Retail Banking
The entity plays a critical role as a 24×7 global delivery hub, aligning with the bank’s expansion strategy in India.
A Look at BNP Paribas’ Recent Real Estate Moves
This is not the company’s first big-ticket lease this year. In February 2025, BNP Paribas secured a premium office space at Maker Maxity in Bandra Kurla Complex (BKC), leasing a 3,497 sq. ft. ground-floor unit at a striking ₹811 per sq. ft. monthly rent. The five-year deal, valued at nearly ₹17 crore, underscored BKC’s position as India’s costliest commercial real estate hub.
With the new Thane lease, BNP Paribas continues to strengthen its presence in Mumbai Metropolitan Region (MMR), balancing its footprint between ultra-premium districts like BKC and rapidly growing commercial corridors such as Thane.
L. Sadriwala is the Editor-in-Chief at Housiey, with a professional writing career spanning since 2015. Coming from a family of real estate developers, her deep-rooted industry understanding naturally shaped her focus on real estate content, where she combines domain knowledge with clear, reader-first writing.
She specializes in simplifying complex property concepts — from housing policies and market trends to builder reviews and project insights — into accurate, easy-to-understand guidance for homebuyers and investors.
At Housiey, every article by L. Sadriwala is built on thorough research and verified facts. Her goal is straightforward: to empower homebuyers and investors with reliable, trustworthy information that helps them make confident property decisions.
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