ACTIVE DEVELOPMENT PROJECTS
Building for the Future
The last two years highlighted the importance of human connections and the powerful role physical spaces play in bringing people and communities together.
Mindspace REIT remains committed to delivering highperformance spaces that enable growth, success, and the satisfaction of individuals and businesses alike. Our regular interaction with tenants and other market participants helps us offer the right mix of bespoke workspaces with modern design philosophy, keeping in mind the evolving urban and sustainable needs of tenants and their workforce. We leverage this information to identify assets primed for development or redevelopment to meet tenant demands and realize value.
FY23 marked another strong year of development achievement. We completed and placed into service 1.9 msf of developments that were 83% leased. At present, we have an under-construction footprint of 2.5 msf across various stages of development. In addition, we also expect to commence work shortly in redeveloping buildings 7 & 8 at Mindspace Madhapur and the B8 data center at Mindspace Airoli (West).
Square Feet of Development Placed into Services
Mindspace Airoli West
B9, Mumbai Region
1.1 MSF
Total leasable Area
94 %
Leased
Gera Commerzone Kharadi
B5, Pune
0 .7 MSF
Completed Area
100 %
Leased
Mindspace Airoli West
B10 - DC, Mumbai Region
0.3 MSF
Total leasable Area
100 %
Leased
Mindspace Pocharam
B9, Hyderabad
0.2 MSF
Total leasable Area
