Key Points:
- Apple leases 2.7 lakh sq. ft. Bengaluru office worth ₹1,000 crore.
- Strengthens India hub for tech, AI, and developers.
- Expands retail and iPhone manufacturing footprint in Bengaluru.
Apple India has finalized a major Apple Bengaluru office lease agreement for nearly 2.7 lakh square feet of office space in Bengaluru, signaling one of the largest single-tenant deals in the city’s history. The company will occupy nine consecutive floors—from the 5th to the 13th—at the Embassy Zenith project on Sankey Road, Vasanth Nagar.
The lease, which officially began in April 2025 and was registered in July, involves a monthly rental of about ₹6.31 crore, equating to roughly ₹235 per square foot. With an annual escalation of 4.5%, the overall financial outlay is expected to exceed ₹1,000 crore across the 10-year term. Apple has also provided a security deposit of ₹31.57 crore and secured 362 parking spaces as part of the agreement.
The premium office tower, built on a site previously occupied by Le Meridien hotel, overlooks Cubbon Park and the Bangalore Golf Club. With modern amenities and a prime location, the property reflects Apple’s intent to build a robust base in India’s technology capital.
Strengthening India Operations
This Apple Bengaluru office lease underscores Apple’s long-term strategy of strengthening its operations in India, particularly in Bengaluru, where the company already maintains another office at Prestige Minsk Square. The move highlights Bengaluru’s growing status as a global hub for technology, innovation, and corporate operations.
Apple has been steadily expanding its presence in India with investments in talent, infrastructure, and ecosystem support. The company has been hiring across domains like software engineering, machine learning, and hardware integration, while simultaneously running initiatives such as the App Accelerator to nurture India’s developer community.
Even amid international scrutiny over its growing reliance on India, Apple has doubled down on its commitment to the country. Bengaluru now serves not just as an operational base, but also as a symbol of India’s emergence as a critical market in Apple’s global growth plans.
Retail and Manufacturing Synergy
Alongside its office expansion, Apple is building a stronger retail and manufacturing footprint in India. In May 2025, it leased 8,000 square feet of space in Phoenix Mall of Asia, North Bengaluru, for a new retail outlet under a 10-year agreement. The deal involves revenue-sharing provisions in addition to fixed rentals, reflecting confidence in India’s growing consumer market.
On the manufacturing front, Foxconn’s new facility in Devanahalli—Apple’s second-largest iPhone production hub worldwide—has started producing the iPhone 17. This move is expected to drive demand for commercial and residential properties in Bengaluru, reinforcing the city’s role as a strategic hub for both Apple’s corporate and manufacturing operations.
Apple’s ₹1,000 crore Apple Bengaluru office lease, coupled with its expanding retail presence and local iPhone production, highlights India’s importance in the company’s global roadmap. By integrating office operations, consumer retail, and manufacturing capabilities, Apple is cementing its long-term bet on India as a central player in its worldwide ecosystem.
