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flag SBI leases 135K sq ft in Navi Mumbai for global IT center starting Feb 15, 2026.

flag State Bank of India has leased 134,744 sq ft of office space in Airoli, Navi Mumbai, for its Global IT Centre under a five-year agreement starting February 15, 2026. flag The lease, at ₹1.68 crore monthly including fit-outs, covers floors four to nine of Newa Bhakti Knowledge City and includes a 15% rent escalation clause if renewed. flag The move strengthens Airoli’s status as a growing hub for global capability centres, driven by demand for ready-to-use IT infrastructure. flag This follows SBI’s earlier GCC launch in Bengaluru and Wipro’s expansion in the area.

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