IBM India Expands Bengaluru Footprint with Massive 1.6 Lakh Sq Ft Lease

• IBM India leased 1.6 lakh sq ft at Embassy Golflinks Business Park in Bengaluru, reinforcing the city's strong corporate office demand.
• The five-year lease, registered on Sep 23, 2025, involves a monthly rent of ₹2.43 crore, totaling ₹14.57 crore.
• The deal includes multiple floors, 216 car parking slots, and a 36-month lock-in period, with handover on April 17, 2025.
• Bengaluru remains a top choice for global corporates due to its talent pool and tech ecosystem, driving demand for Grade A office spaces.

Why It Matters: IBM India's large lease in Bengaluru highlights the city's enduring appeal for corporate expansion and Grade A office demand.