Volkswagen has acquired over 1 lakh sq ft office space in the Andheri suburb of Mumbai to shift its India headquarters from Bandra-Kurla Complex, according to reports.
Reports stated that the lease transaction with tenure of five years has been concluded at Rs 130 per sq ft a month.
The company also has an office on the outskirts of BKC to house its HR and finance function, says report.
India Infoline Research Team / 15:28, Mar 13, 2015
Markets are now reinforcing the perception of an early interest rate hike by US Federal Reserve, with consensus calling for the hike taking place in June, when compared with the prior expectations of a hike in September.