# Apple Leases Massive Bengaluru Office for ₹1,010 Crore

URL: https://technosports.co.in/apple-leases-massive-bengaluru-office/  
Published: 2025-08-21  
Updated: 2025-08-21  
Author: Hardik Dhamija

[Apple](https://www.apple.com/)has signed its largest-ever office lease in India, securing 2.7 lakh square feet of premium workspace in Bengaluru’s Embassy Zenith for ₹1,010 crore over 10 years. This strategic expansion reinforces India’s growing importance in Apple’s global operations.

![Apple](https://technosports.co.in/wp-content/uploads/2025/08/Apple-Lease-1-1-1024x579.webp)

## **Table of Contents**

## **Apple Bengaluru Lease: Deal Breakdown**

| **Aspect** | **Details** |
| --- | --- |
| **Total Value** | ₹1,010 crore (10 years) |
| **Office Space** | 2.7 lakh sq ft |
| **Monthly Rent** | ₹6.31 crore |
| **Rate per sq ft** | ₹235/sq ft/month |
| **Location** | Embassy Zenith, Vasant Nagar |
| **Floors Occupied** | 5th to 13th floors |
| **Annual Escalation** | 4.5% |

## **India’s Strategic Role in Apple’s Growth**

**Manufacturing Powerhouse:**

Apple has transformed India into a major manufacturing hub, with [iPhone](https://technosports.co.in/?s=iPhone) exports worth nearly ₹1.5 lakh crore making it the largest mobile phone exporter from India. The new office expansion aligns with Apple’s production scaling alongside partners like Foxconn.

**Office Expansion Timeline:**

- **2021**: Leased 1.16 lakh sq ft at Prestige Minsk Square for ₹2.43 crore monthly
- **2023**: Operations began at first Bengaluru facility
- **2025**: New Embassy Zenith office – **2.3x larger capacity**

![Apple lease 2](https://technosports.co.in/wp-content/uploads/2025/08/Apple-Lease-2-1024x538.webp)

## **Premium Location Sets New Benchmarks**

The deal sets a benchmark for lease rates in the city, with prices hitting nearly ₹235 per sq ft per month, reflecting Bengaluru’s status as India’s tech capital. The Embassy Zenith location offers:

- **Prime connectivity** in Vasant Nagar’s tech corridor
- **Nine floors** of modern workspace infrastructure
- **Comprehensive amenities** including parking and maintenance

## **Apple’s Broader India Strategy**

This office expansion is part of Apple’s comprehensive India growth plan:

**Retail Presence:**

Apple is opening four new retail stores in Bengaluru and Pune, expanding beyond the flagship Mumbai and Delhi locations.

**Manufacturing Scale:**

With iPhone 17 production reportedly beginning, Apple continues deepening its manufacturing footprint across Tamil Nadu, Karnataka, and other states.

![Apple lease 3](https://technosports.co.in/wp-content/uploads/2025/08/Apple-Lease-3-1024x576.webp)

## **Market Impact and Future Outlook**

The ₹1,010 crore lease underscores Apple’s long-term investment in India, reinforcing its operational scale alongside expanding manufacturing activities. This commitment positions India as a critical hub in Apple’s global supply chain and operations network.

The lease includes a ₹31.57 crore security deposit and structured annual escalations, demonstrating Apple’s confidence in India’s long-term economic stability and growth potential.

This strategic investment reinforces India’s emergence as Apple’s second-largest market globally, with significant implications for job creation and technology sector growth in Bengaluru.

## **FAQs**

### **How does this compare to Apple’s previous Bengaluru office?**

The new office is 2.3 times larger than Apple’s existing 1.16 lakh sq ft facility at Prestige Minsk Square.

### **What’s the monthly rent breakdown for Apple’s new office?**

Apple pays ₹6.31 crore monthly, working out to ₹235 per sq ft with 4.5% annual escalation.