Morgan Stanley Opens State-of-the-Art Office in Oberoi Garden City, Goregaon East Mumbai

Morgan Stanley Opens State-of-the-Art Office in Oberoi Garden City, Goregaon East Mumbai

Morgan Stanley Opens State-of-the-Art Office in Oberoi Garden City, Goregaon East Mumbai

Morgan Stanley recently inaugurated a new, state-of-the-art office in Mumbai’s Oberoi Garden City, Goregaon, within Commerz III, International Business Park. This new campus consolidates Morgan Stanley’s Global Center operations in Mumbai, creating a centralized workspace designed for enhanced collaboration and efficiency. The 1-million-square-foot space will accommodate over 8,500 employees, providing a modernized environment driven by advanced technology and sustainable solutions to boost productivity.

A Key Investment Reflecting Morgan Stanley's Commitment to India

India’s economic growth, technological innovation, and demographic advantage make it an essential part of Morgan Stanley’s global and regional strategy. The new facility underscores Morgan Stanley’s commitment to India and highlights the company’s expanding presence in this strategic market. This growth comes after two decades of operations in India, during which the firm’s footprint has evolved to become a vital component of its innovation and competitiveness.

About Oberoi Garden City: A Thriving Hub

Oberoi Garden City is a comprehensive mixed-use development that spans residential, commercial, retail, and hospitality spaces. Located in Goregaon, a prime suburb of Mumbai, this self-contained neighborhood is designed for modern living and convenience. Among its signature residential towers are Exquisite and Esquire, which offer luxury apartments with amenities catering to a high-end lifestyle. Adding to the appeal is the upcoming Elyisan tower, which is expected to provide even more exclusive residences in the heart of the development.

The opening of Morgan Stanley’s new office in Commerz III will bring an influx of professionals and business activity to Oberoi Garden City, enhancing its status as a sought-after destination for both residential and commercial spaces. With access to high-end retail outlets, hotels, and dining options, Oberoi Garden City offers a balanced urban lifestyle for residents and professionals alike.

Boost for Oberoi Realty Ltd.

Morgan Stanley’s presence in Oberoi Garden City is a significant milestone that will likely drive increased interest in the surrounding residential and commercial spaces, benefiting Oberoi Realty Ltd., the developer behind this thriving ecosystem. The appeal of high-quality residential towers like Exquisite, Esquire, and Elyisan is expected to grow as the area becomes a focal point for business and technology professionals.

Oberoi Realty’s alignment with international standards of infrastructure, design, and sustainability mirrors Morgan Stanley’s emphasis on a modern, sustainable workplace. The influx of employees and executives in the area will likely stimulate demand for premium residences, boosting Oberoi Realty’s market position.

Designed for a Seamless Employee Experience

The Commerz III campus is curated to offer employees a seamless experience, with diverse work settings that foster a sense of belonging and well-being. Equipped with a dedicated lobby and reception area, the office is designed to support multiple work styles and accommodate accessibility needs, ensuring flexibility and connectivity for employees.

The campus features a variety of amenities catering to employees around the clock, including expansive food halls offering diverse meal options, an onsite fitness center, and a health center with pharmacy and acute care services. Additional well-being spaces, such as mother’s rooms, multi-faith rooms, and outdoor terraces, promote relaxation and reflection.

Building on Inclusion and Family Support

Inclusivity is a major focus of the new office. The facility includes an onsite, full-service childcare center for children from six months to six years old, along with wellness spaces throughout the building. Family-friendly features aim to support employees in managing work-life balance, enhancing productivity and retention.

Commitment to Sustainability

Aligned with Morgan Stanley’s global sustainability objectives, the Commerz III campus was built to achieve the LEED Gold rating and FITWEL certification. The building incorporates energy-efficient lighting, water conservation measures, a ban on single-use plastics, and waste reduction practices, setting a benchmark for eco-friendly commercial spaces in India.

Morgan Stanley’s new Mumbai office reflects the firm’s forward-looking approach, blending advanced infrastructure with a commitment to employee well-being and environmental responsibility. This investment marks another milestone in the company’s dedication to India’s thriving economy and dynamic workforce and enhances Oberoi Garden City’s reputation as a premier, high-value commercial and residential destination in Mumbai.

 
About the author
Sandeep Sadh

About Sandeep Sadh

Sandeep Sadh has been in the real estate business since 1993 in Mumbai. He has expertise in Buying, Selling, Leasing properties in Mumbai and a deep understanding of legal and tax related matters due to his experience.

Summary

Over the years, he has experienced the City's growth. He has been a columnist in the Times of India with numerous articles, which bring about a clear picture of the real estate market in Mumbai. He is a regular on NDTV, CNBC, ET Now Real Estate and Zee News, giving his experienced quotes as and when required.

Sandeep Sadh has used information and technology since the year 1998 and now what people call it Prop Tech to cater to the needs of Home Buyer, Seller, Investor and Corporates, HNI and NRI looking to Buy/Sell or Lease their properties in the Mumbai Property Market.

Sandeep has a holistic experience of real estate be it Leasing an Apartment for your CEO in the most upmarket buildings, to enter into a long lease for your office in Mumbai in prime buildings or an Investment in good projects with a detailed analysis keeping in mind the Demand and Supply and other micro factors of the project/property.

Sandeep Sadh has developed a few websites like www.mumbaipropertyexchange.com, www.realestatemumbai.com, www.propi.in which augment the real estate consulting business.

Right from Investments in Primary Markets to Selling, leasing and specializing for NRI’s all over the world. He is an expert in NRI Home Buying and Selling and has a good understanding of the Income Tax laws pertaining to Selling a Property and Repatriating funds overseas or reinvesting based on Capital Gains etc.

Experience

  • Residential Leasing
  • Commercial Leasing
  • Residential Home Buying
  • Commercial Property Buying
  • Investment Properties with complete Property Management as your Real Estate Family office

While transacting in the above segments, he has complete experience and deep understanding of the paper work, his areas of expertise are :

  1. Drafting of the Leave and License Agreements
  2. MOU for Buying/Selling Properties
  3. Drafting Agreement for Sale
  4. Gift Deeds
  5. Computing of Capital Gains with current ready reckoner values
  6. Drafting of Supporting Power of Attorney.

As an add on Service, Sandeep Sadh has tied up with various Professionals like Lawyers and Chartered Accountants who add value in transacting and specially services for Non Resident Indians.

Application to Income Tax for Lower Tax Deduction Certificate – Through a qualified CA and keeping a grip on the traction so that the remittance back to Non Resident Indians after Selling the property is seamlessly transferred.

You can connect with Sandeep Sadh on ssadh@mumbaipropertyexchange.com

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