IBM India leases 2.83 lakh sq ft of office space in Bengaluru for ₹343 crore over 10 years
IBM India Private Limited signed a 10-year lease for 2.83 lakh sq ft of office space in Bengaluru, with a total rental outlay of ₹343 crore. The lease, effective from February 5, 2026, includes a monthly rent of ₹2.49 crore and fit-out rent of ₹2.98 crore for five years. This reflects ongoing demand for premium office spaces in Bengaluru.