Apple’s latest office leases in Hyderabad and Bengaluru push its total occupancy to more than 5 lakh sq. ft., backed by a rental commitment exceeding Rs 1,400 crore. This move highlights Apple’s ramp-up of both operational and retail presence in India as demand for premium office space surges.
Hyderabad Office Expansion
- Apple recently leased 64,125 sq. ft. at WaveRock Tower 2.1, Hyderabad, raising its city footprint to 232,000 sq. ft.
- The new lease, effective July 1, 2025, carries a monthly rent of about Rs 80.15 lakh, reflecting a notable escalation from its previous 2016 lease rate.
- The expanded campus includes amenities such as metro access, extensive parking for 740 cars, and a 12,600 sq. ft. Caffè Macs cafeteria, mirroring Apple’s global standards.
Bengaluru Office Growth
- In August 2025, Apple secured a 10-year lease for 270,000 sq. ft. at Embassy Zenith, with an initial monthly rent of Rs 6.3 crore.
- This lease represents one of the largest-value office transactions in India, estimated to cost Apple over Rs 1,000 crore over the lease term.
- Apple additionally occupies space at Prestige Minsk Square, with a prior lease of 116,000 sq. ft. at a monthly rent of Rs 2.43 crore.
Apple’s India Expansion Strategy
- Apple has emerged as a marquee occupier in India’s commercial office market, enhancing India’s position in its global operations.
- Bengaluru’s role in Apple’s worldwide manufacturing plan has grown, with Foxconn commencing iPhone 17 production in the city—Foxconn’s second-largest global operation outside China.
Retail Milestones
- Apple is launching Apple Hebbal in Bengaluru (its first southern India store), joining locations in Mumbai and Delhi.
The new store will feature a 70-member team from across 15 states, offering the full product lineup and interactive Today at Apple sessions.
Flexinsights Take
Apple’s aggressive leasing and retail growth in Hyderabad and Bengaluru reaffirms India’s critical importance as a tech and manufacturing hub. The scale and quality of these office investments not only signal Apple’s long-term commitment but also reflect the evolving dynamics of the country’s premium office market and the rising demand for world-class facilities.
