Apple has rented 4 lakh square feet of commercial office space in Bengaluru’s central business district (CBD), making it the company’s largest real estate deal in India.
The iPhone-maker has leased office space at Prestige Estates’ Minsk Square building for Rs 170 per square foot, which translates to Rs 82 crore annually, according to a report by The Times of India.
Moneycontrol could not independently verify the story.
Apple and Prestige did not comment when contacted by The Times of India.
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Apple might vacate its office space at RMZ, which is in the northern part of Bengaluru, and consolidate its operations in the CBD, sources told the paper.
The new Bengaluru office space will have a large technology centre that