Apple Commits ₹1,000 Crore to 2.7 Lakh Sq. Ft Leasing in Bengaluru — A Game-Changer for Tech Real Estate.

Apple Commits ₹1,000 Crore to 2.7 Lakh Sq. Ft Leasing in Bengaluru — A Game-Changer for Tech Real Estate

The Big Move

On August 18, 2025, Apple India inked a significant 10-year lease with the Embassy Group, securing approximately 2.7 lakh square feet of premium office space in Bangalore, starting from April 3, 2025. The initial monthly rent of ₹6.3 crore sets the stage for a total commitment exceeding ₹1,000 crore in rent and maintenance over the lease term.

Why This Matters

Strategic Expansion in India

Apple’s commitment marks another stride in expanding its footprint in India, a region increasingly central to its global strategy. The office lease complements recent corporate moves across Bengaluru, Mumbai, Hyderabad, and Gurugram, reflecting India’s growing role as both a consumption and supply hub.

Flagship-Level Footprint

This deal is part of a series of high-profile real estate agreements for Apple in Bengaluru:

• Earlier, the company agreed to lease an entire office tower—over 400,000 sq. ft.—from Embassy Group on Sankey Road, setting a leasing record at over ₹220/sq. ft./month.

What's Behind the Expansion?

Operational Depth

Bengaluru is a bustling tech ecosystem, and this lease signals Apple’s intent to deepen operational involvement—from software and hardware teams to customer support and collaborative innovation hubs.

Real Estate Strategy

In an environment where demand for Grade-A office space in India’s top tech cities is soaring, securing such a large, long-term lease gives Apple both stability and flexibility amid rising vacancy challenges.

Broader Impacts on Bengaluru’s Office Market

This lease is symptomatic of a broader trend: multinational firms are locking in prime real estate across Southern tech hubs. According to industry insiders, the tech sector accounts for 40% of all leasing in India’s top seven cities. Bengaluru, in particular, is witnessing sustained growth, with vacancy levels reaching decade lows.

Looking Ahead

Aspect	Outlook
For Apple	Consolidated workspace to foster innovation, R&D, and scale operations.
For Bengaluru	Reinforces the city’s status as a premium destination for global tech.
For Real Estate Sector	Sets a high benchmark for office lease deals, signalling confidence.

Apple’s latest move is not just a lease—it’s a statement. It underscores Apple’s long-term vision for India, especially Bengaluru, as a strategic pivot away from traditional geographies. With suppliers ramping production locally, and iPhones increasingly assembled in India, this leasing initiative adds cultural and infrastructural heft to Apple’s accelerating ecosystem in South Asia.

In Closing:
Apple’s ₹1,000 crore pledge for 2.7 lakh sq. ft. in Bengaluru goes beyond business—it signifies a cemented belief in the city’s innovation and scale. This is more than an office lease; it's a strategic cornerstone in Apple's India vision.