JPMorgan's India arm has leased approximately 2.72 lakh sq ft of office space in Mumbai's Powai district from Cowrks. The five-year lease, commencing April 1, 2026, involves a monthly rent of over Rs 9.23 crore, with a 5% annual escalation. The deal, registered in December 2025, includes a significant security deposit and parking spaces. This transaction highlights Powai's growing appeal as a hub for global financial and tech firms, with another major lease by BA Continuum India also noted in the area.