InvestorQ : Is it true that Salesforce of the US has done one of the biggest realty deals in Hyderabad?
Katherine Gonsalves made post

Is it true that Salesforce of the US has done one of the biggest realty deals in Hyderabad?

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rhea Babu answered.
2 months ago
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US based customer relationship management or CRM software giant, Salesforce, has leased 7 lakh square feet of space in Hyderabad. The lease is for a period of 6 years and also comes with 911 parking slots. The lease has been signed at the rate of Rs.71 per square feet which works out to a whopping monthly rental of Rs.4.80 crore. There will be 1% rental escalation after 3 years. Demand for new leases is now coming from IT-BPM and BFSI.
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