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flag Luxury brand Purple Style Labs leases prime Mumbai space, underscoring strong retail demand.

flag Luxury fashion brand Purple Style Labs has leased a large commercial space in Mumbai's Fort area, previously occupied by Zara, for five years. flag Monthly rent starts at Rs 3 crore and increases to Rs 3.80 crore by the fifth year. flag The company paid a security deposit of Rs 18 crore. flag This lease highlights the continued demand for prime retail spaces in Mumbai's key business districts, despite international brands rethinking their physical store presence.

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