Cognizant to establish new office in Navi Mumbai

In order to strengthen its presence in India, American information technology services giant Cognizant Technology Solutions has reportedly leased a big office space in Navi Mumbai. If reports are to be believed, Cognizant has picked up 230,000 sq. ft. of office space at K Raheja Corp's IT SEZ in Navi Mumbai's Airoli.
 
For this, the deal has already been signed and the registration is expected to be done soon.
It is reportedly said that the monthly rent for the lease is fixed at Rs.42 per sq. ft. with a total tenure being 12 years.
 
Experts believe that the new centre would be able to accommodate as many as 2,300 employees. In general, each employee accommodates around of 100-sq. ft. space.
 
It is important to note down here that Wipro, Capgemini India and Accenture already have offices in Airoli, where Cognizant’s new office is to be established.