Topic
leasing
Business Urban Vault Sub-Leases 16,000 Sq Ft Gurugram Office to Green SM, Vietnam-Backed Ride-Hailing Firm
Coworking firm Urban Vault has sub-leased a 16,000 sq ft managed office on Golf Course Road, Gurugram to Green SM, the electric ride-hailing arm of Vietnam's Vingroup. The facility, featuring about 500 seats, is Green SM's first office in India. The partnership supports Green SM's India expansion, as demand for flexible managed workspaces surges across tier I cities.
Business Wadhwa Group Leases 33K Sq Ft Office Space to Morningstar in Mumbai for ₹44 Crore Over 9 Years
Wadhwa Group has leased nearly 33,000 sq ft of office space to global investment research firm Morningstar at its Vishwaroop IT Park in Mumbai for a total rental of ₹44 crore over a nine-year period. The transaction expands Morningstar's footprint in the project to 4.45 lakh sq ft, and comes as Wadhwa Group prepares for an IPO and India's office market hits a record quarterly leasing volume of 29.9 million sq ft.
Logistics Tax Strategies: Own or Lease Your Truck?
Understanding the tax implications of owning versus leasing a truck can significantly impact logistics operations. Key tax provisions like Section 179 allow for substantial deductions, influencing the decision-making process for freight operators.