Up next
Tags

Qualcomm India Pvt Ltd has rented ground plus 12 floors in a building in Bangalore.

According to documents accessed by Square Feat India provided by Propstack, the lease began on April 1.

Qualcomm has leased the ground plus 12 floors in the Bagmane Capital-Angkor. The tenure of the lease is 108 months.

The monthly rent for the chargeable area is 6.21 lakh sq ft, for which the monthly rent is Rs 5.90 crore. The escalation is 15% every 36 months.

The owner of the property is Bagmane Developers Limited. A security deposit of Rs 47.25 crore is paid for the lease deal.

Also Read: Butlr Technologies Announces Partnership with Propstack for
Occupancy Sensing in India

SHARE ON
TwitterWhatsappFacebookBufferLinkedInPin It
You May Also Like
The India growth story: Office,

The India growth story: Office, Residential, and warehousing sectors outperform the industry

Office net absorption is expected to be up 50% Y-o-Y, residential sales…
Embassy Developments Ltd. announces a premium residential project at Embassy Springs, Bengaluru. Spanning 14 acres and 1.55 million sq. ft., the project will feature over 800 luxury apartments with superior finishes, launching by December 2025.

More Global Offices, More Jobs, More Homes: How GCC Expansion Will Shape India’s Housing Market

Global Capability Centers (GCCs) are leasing record office space in India, set to grow 15–20% in 2 years. For homebuyers, this means more jobs, higher housing demand, and stronger real estate values across Bengaluru, Hyderabad, Chennai, and NCR.
Mumbai strengthened its position as India’s largest residential market in 2025, while office leasing touched 9.8 million sq ft—the second-highest level in over a decade—driven by GCC expansion, firm pricing, and disciplined supply, according to Knight Frank.

Maharashtra Announces Revised OC Amnesty Scheme to Regularize 20,000 Unauthorized Buildings in Mumbai

The new OC scheme provides 50% premium concessions and penalty waivers for early applicants, benefiting 2.5 lakh families and extending to schools and hospitals in unauthorized structures.
Madhuri Dixit has leased a commercial unit in Mumbai’s Lower Parel for ₹2.81 crore over 5 years, highlighting strong demand for premium office spaces in the city.

Madhuri Dixit Leases Commercial Space in Mumbai’s Lower Parel for ₹2.81 Crore Over 5 Years

Madhuri Dixit has leased a commercial unit in Mumbai’s Lower Parel for ₹2.81 crore over 5 years, highlighting strong demand for premium office spaces in the city.