Vaishnavi Group gives on lease 4.12 lakh sq ft office space to Navi Technologies in Bengaluru

Realty firm Vaishnavi Group on Wednesday said it has provided on lease 4.12 lakh square feet office space to Navi Technologies in Bengaluru.

The company has given on lease 4.12 lakh square feet of prime office space to insurance major Navi Technologies at its project Vaishnavi Tech Square.

Spread across 4 acres, the technology park offers a seating capacity for over 4,000 employees, Vaishnavi Group said in a statement.

The company did not disclose the rent at which the property has been leased.

Vaishnavi Group currently has over 1 million (10 lakh) square feet of commercial development under construction and 2.5 million (25 lakh) square feet in the pipeline.

Bengaluru-based Group has delivered 10 million (100 lakh) square feet of residential, commercial and retail developments so far.