Apple has inked a deal that cements its long-term intentions for India. The company has leased 2.7 lakh sq ft of office space in Embassy Zenith, Vasanth Nagar, Bengaluru, in what is being pegged as one of the largest single-tenant office deals the city has seen. The ten-year lease is valued at around ₹1,010 crore, covering rent, parking, and common-area charges.

The floors in question—5th through 13th—add up to a 1.96 lakh sq ft carpet area and a 2.68 lakh sq ft chargeable area. At ₹235 per sq ft per month, Apple’s monthly outgo will be roughly ₹6.31 crore, with a 4.5% annual rent escalation factored in. A ₹31.57 crore security deposit has already been put down to lock in the deal. Add to that 362 car parking spaces thrown into the package, and you’ve got a real estate move designed for scale.

Doubling Down in Bengaluru

What stands out here is not just the numbers but the intent. Apple has the option to extend its footprint further by leasing the ground to fourth floors—an extra 1.2 lakh sq ft—which would bring the company’s total space in the building to nearly 4 lakh sq ft—that would make Embassy Zenith effectively an Apple tower. This dwarfs the company’s earlier lease in Prestige Minsk Square, signed in 2021. That site, at 1.16 lakh sq ft, went operational in 2023. Compared to it, the new Zenith space more than doubles Apple’s Bengaluru office capacity, reflecting a far more assertive stance in India’s tech capital.

A Year of Bigger Moves

The lease also ties neatly into Apple’s wider India push in 2025. Manufacturing is on a tear: Foxconn has started iPhone 17 production locally, with output expected to ramp into tens of millions. Retail, too, is expanding, with new stores slated for Pune and Bengaluru, adding to the flagships already operating in Mumbai and Delhi. In that context, a 2.7 lakh sq ft office isn’t just a matter of desks and cubicles—it’s a marker of Apple embedding itself deeper into India’s ecosystem. For years, India has been pitched as “the next frontier” for Apple. With this office deal, soaring production numbers, and a swelling retail presence, 2025 might just be the year that narrative moves from projection to reality.