Tata Consultancy Services (TCS) is planning start one more office in Mumbai and has signed an agreement with Neptune Developers to lease the largest IT office space in the city. The company will be taking over 3.5 lakh sq ft space in Neptune Element - an 11-storey IT building for a lease amount of Rs 35-40 per sq ft per month, which make an annual rent Rs 16 crore.
The company has signed a letter of intent to lease the space and final agreement will be signed only after due diligence of the property documents. More than 3,000 employees are expected to work on the new premises.
Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPO, infrastructure, engineering and assurance services.