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Mumbai: Developers postpone rental charges for office spaces

With an attempt to ensure that commercial office spaces are occupied or remain occupied some developers are offering an option to tenants of commercial splaces not to pay rent till the lease expires in the previous place.
This way, the company which decides to shift saves on a few months’ rent. This is a minor loss for the developer but this scheme serves the builder well in the long run. Such schemes are offered by many mall owners.

 

Some areas in Mumbai where such a trend is seen include parts of Central Mumbai, Goregaon and Andheri, to name a few regions.

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