Apple Rents 2.7 Lakh Sq Ft Office Space in Bengaluru, Commits Rs 1,000 Crore Over 10 Years

Apple, the world’s most valuable tech company, has taken another decisive step in expanding its presence in India. The iPhone maker has leased 2.7 lakh square feet of premium office space in Bengaluru, further strengthening the city’s reputation as the country’s technology and innovation hub. Reports suggest the company will pay a staggering Rs 1,000 crore in rent over the next decade, signaling its long-term commitment to India’s growing digital economy.

A Strategic Move in India’s Silicon Valley

Bengaluru, often dubbed the “Silicon Valley of India,” has long been the preferred base for global tech giants. Apple’s new lease is one of its largest office space commitments in the country. The office is expected to house thousands of employees across engineering, software development, and support functions.

Industry experts view this move as Apple’s strategy to tap into India’s skilled talent pool while supporting its expanding manufacturing ecosystem in the country. With India emerging as a crucial market and production base, Bengaluru offers the right mix of infrastructure, connectivity, and workforce.

The Numbers Behind the Deal

The leased office spans approximately 2,70,000 square feet in a prime commercial area. Sources indicate that Apple has signed a 10-year agreement, with rental payments adding up to Rs 1,000 crore, including escalations and maintenance charges.

Such a high-value transaction places Apple among the top corporate tenants in Bengaluru’s commercial real estate sector. It also reflects growing confidence in India as both a market and a talent hub.

Why India Matters to Apple

Over the past few years, Apple has doubled down on its India strategy:

• Manufacturing Boost: With government initiatives like Make in India, Apple’s contract manufacturers—Foxconn, Wistron, and Pegatron—have scaled up production of iPhones in Tamil Nadu and Karnataka.
• Retail Presence: Apple launched its first flagship stores in Mumbai and Delhi in 2023, marking a milestone in its retail journey.
• Sales Growth: India has emerged as one of Apple’s fastest-growing markets, with record iPhone sales reported in 2024.

By opening a massive office in Bengaluru, Apple is not only consolidating its back-end and engineering operations but also reinforcing its confidence in India’s long-term growth story.

Real Estate Impact

Bengaluru’s commercial real estate sector has been witnessing strong demand from global tech firms, and Apple’s entry adds a significant boost. Real estate analysts point out that such a deal will likely push demand and rental benchmarks higher in premium zones, benefiting developers and investors alike.

Moreover, the presence of a marquee tenant like Apple is expected to attract more global corporations to set up base in Bengaluru, further solidifying the city’s dominance as a global IT powerhouse.

What This Means for Employees

The new facility is likely to serve as a multi-functional campus, offering world-class infrastructure to employees. Apple has been known for designing state-of-the-art workspaces globally, and Bengaluru’s office is expected to reflect the same ethos. For India’s young tech talent, this creates exciting opportunities to work directly with one of the world’s most influential companies.

Looking Ahead

Apple’s decision to commit Rs 1,000 crore over 10 years is more than a real estate deal—it is a clear statement of intent. It underlines how India has moved from being just a consumer market to becoming a critical operational and innovation hub for the Cupertino-based giant.

As Apple scales up manufacturing, retail, and now office presence in India, the move could pave the way for deeper integration of Indian talent into Apple’s global supply chain and software ecosystem.

For Bengaluru, this development cements its position as the preferred destination for high-value global investments and adds another jewel to its crown as India’s leading technology capital.