Apple leases 2.7 lakh sq ft in Bengaluru’s Embassy Zenith for Rs 6.3 cr a month
Bengaluru: iPhone maker Apple has leased nearly 2.7 lakh sq feet of office space in Embassy Zenith in Bengaluru for 10 years with a total rental outlay of over Rs 1,000 crore, according to Propstack, a data analytics company.
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)
The company also has the option to lease additional space measuring 1.21 lakh sq ft across the ground to fourth floors, the documents showed.
