{"id":830752,"date":"2024-07-09T09:48:14","date_gmt":"2024-07-09T04:18:14","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=830752"},"modified":"2024-07-09T09:48:14","modified_gmt":"2024-07-09T04:18:14","slug":"samsung-rd-institute-bangalore-renews-office-lease-for-5-years","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/09\/samsung-rd-institute-bangalore-renews-office-lease-for-5-years\/","title":{"rendered":"Samsung R&amp;D Institute-Bangalore renews office lease for 5 years"},"content":{"rendered":"<p>Bengaluru: Samsung Research and Development Institute India-Bangalore (SRI-B) has renewed its lease for 420,000 square feet of office space in Bengaluru with Bagmane Developers for a duration of five years.<\/p>\n<p>The lease, which started in June this year, includes a lock-in period until April 2027.<\/p>\n<p>According to a lease renewal deed shared by analytics firm Propstack, the firm will pay an annual rent of ?50 crore, with a 5% yearly escalation. This translates to ?102 per square foot per month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bengaluru: Samsung Research and Development Institute India-Bangalore (SRI-B) has renewed its lease for 420,000 square feet of office space in Bengaluru with Bagmane Developers for a duration of five years. The lease, which started in June this year, includes a lock-in period until April 2027. According to a lease renewal deed shared by analytics firm Propstack, the firm will pay an annual rent of ?50 crore, with a 5% yearly escalation. This translates to ?102 per square foot per month.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-830752","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/830752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=830752"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/830752\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=830752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=830752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=830752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}