Apple Leases Office In Bengaluru, To Pay Rs 6.3 Crore Monthly Rent
Apple’s lease at Embassy Zenith includes 362 parking slots and a 4.5% annual rent increase, reflecting a lease valued over ₹1,000 crore to bolster its Bengaluru operations.
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Apple leases 2.7 lakh sq ft in Bengaluru's Embassy Zenith for Rs 6.3 cr a month
The lease has been signed for 10 years, and it is effective from April 2025. Apple will occupy 5th to 13th floors of Embassy Zenith with a monthly rent of about Rs 6.3 crore (Rs 235 per sq ft)
·Karnataka, India
Read Full ArticleApple Expands in India | INR 1,010 Cr Bengaluru Office Lease
According to various media reports, the smartphone giant Apple has rented approximately 2.7 lakh square feet of office space in Bengaluru for ten years, with a total outlay of approximately INR 1,010 crore for the duration, which includes rent, parking, and maintenance.The iPhone manufacturer will pay a monthly rent of INR 6.31 crore, or INR 235 per square foot, to occupy the fifth through thirteenth floors of Embassy Zenith on Sankey Road, Vasa…
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Total News Sources8
Leaning Left3Leaning Right1Center0Last UpdatedBias Distribution75% Left
Bias Distribution
- 75% of the sources lean Left
75% Left
L 75%
R 25%
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