Apple India Pvt. Ltd has expanded its office footprint in Bengaluru, leasing an additional 1,21,203 sq ft at Embassy Zenith for a ten-year term, further strengthening the city’s position as a global capability hub for technology majors.
The latest transaction takes Apple’s total leased area at Embassy Zenith to 389,000 sq ft, after it had already taken up 268,000 sq ft in the same tower last year. The property is owned by MAC Charles (India) Ltd. With the fresh lease, Apple’s total rental commitment for the space is estimated at Rs 1,333 crore over a decade, translating into a monthly rental outgo of about Rs 9.16 crore, according to data from real estate analytics firm Propstack. The expansion comes at a time when Bengaluru continues to dominate India’s Grade-A office market. Embassy Zenith is part of the larger commercial portfolio developed by Embassy Group, whose listed arm Embassy Office Parks REIT recently said it is evaluating the acquisition of the asset from its sponsor. Market watchers view Apple’s decision to exercise expansion rights within the same property as a signal of long-term operational scaling rather than short-term seat addition. Technology firms and global capability centres (GCCs) have remained key demand drivers for premium office space in the city, particularly in established corridors with high-quality infrastructure and institutional ownership. According to CBRE India, gross office leasing across India’s top nine cities touched a record 82.6 million sq ft in 2025, up from 79 million sq ft in 2024. The supply pipeline remains robust, with the broader Asia Pacific region expected to see 61.3 million sq ft of Grade-A office supply in 2026. India alone is projected to account for nearly 40% of that supply, underscoring its growing weight in regional commercial real estate.
Within India, Bengaluru is expected to lead new office completions with 12.1 million sq ft of fresh supply, ahead of other major Asia-Pacific markets. Analysts attribute this to sustained demand from multinational corporations expanding engineering, R&D, and shared services operations. Apple’s deepening real estate commitment in Bengaluru aligns with a broader strategy of strengthening its India operations, both on the manufacturing and engineering fronts. For landlords and institutional investors, such long-tenure, high-credit occupancies enhance asset stability and reinforce the city’s status as a preferred global tech hub.
As global corporations recalibrate real estate strategies amid hybrid work transitions, Apple’s decade-long commitment suggests that India and particularly Bengaluru remains central to multinational expansion blueprints.
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