Lenskart leases 88,343 sq ft office space in Delhi’s Aerocity; Rent expense is estimated at ₹232 crore

eyeglass retailer Lenskart Solutions Limited leased out 88,343 square feet of office space worldmark 6 At Aerocity, Delhi, the total rental cost is estimated to be approx. 232 crores Over a nine-year term, according to documents obtained by PropStack.

Retail Leases: Lenskart Solutions Ltd has leased 88,343 sq ft of office space at Worldmark 6 in Aerocity, Delhi (Photo for representational purposes only) (Pexels)
Retail Leases: Lenskart Solutions Ltd has leased 88,343 sq ft of office space at Worldmark 6 in Aerocity, Delhi (Photo for representational purposes only) (Pexels)

The office is located at eighth floor of a commercial tower owned by Alborz Developers Limited. Lease started April 1, 2026And a new lease has been registered, documents showed.

Under the agreement, Lenskart will pay monthly rental 1.86 crorestranslate into 210 per square foot per month. The company has also paid the security amount 7.42 croresDocuments were shown.

The lease has been signed for nine year termwhich is bound to increase the fare 15% every three yearsThat’s in line with prevailing commercial leasing trends, the documents show.

Worldmark 6 is part of the Worldmark commercial development in Aerocity near Delhi Airport.

Commercial Leases in Aerocity

Aerocity has emerged as one of the most sought-after commercial office destinations in Delhi-NCR, attracting occupiers from technology, consulting, aviation, flexible workspace and financial services sectors due to its proximity to Indira Gandhi International Airport and premium Grade A office development.

Experts said the latest transaction underlines the continued demand for large office spaces from fast-growing consumer and technology-based companies in Delhi’s key business districts.

Also read: ₹309 Crore”>Executive Center India has leased 1.14 lakh sq ft office space in Aerocity, Delhi at a net rent for 9 years. 309 crores

“Lenskart’s new lease of massive 88,000 sq. ft. at Worldmark 6 further strengthens Aerocity as Delhi-NCR’s premier commercial hotspot. Exchange That this follows a recent wave of marquee deals in the same building – including prime spaces taken up by Hero MotoCorp, WeWork and The Executive Centre, underlines one point. fierce corporate hunger For premium, grade-A locations in high-connectivity corridors,” said Raja Sitharaman, co-founder, Propstack.

A set of questions has been emailed to both Bharti Realty and Lenskart. Story will be updated upon response.

Also read: ₹920 crore”>Hero MotoCorp, WeWork lease 3.5 lakh sq ft in Delhi Aerocity near IGI Airport; exceeds rental commitment 920 crores

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