Apple India renews lease for 52k sq ft Bengaluru flexible office space

Apple India has renewed its lease for 52,000 sq ft office space with the flexible office operator, The Executive Centre in Bangalore. The lease has been renewed for 36 months starting July this year and has a lock-in period of 16 months, as mentioned in a sales deed shared by the analytic firm Propstack.

“This transaction indicates Apple’s increasing presence in India. The need for office space, despite the work-for-home policies pos-Covid, was inevitable due to the shift of manufacturing activities into India. It is safe to predict that Apple will continue to increase its footprint in India,” said Raja Seetharaman, co-founder of Propstack.