BMW Techworks, a joint venture between BMW Group and Tata Technologies, has leased 58,900 sq. ft of premium commercial office space in Whitefield, Bengaluru, for ₹1.04 crore per month. The five-year agreement, signed with Simpliwork Offices Pvt Ltd, reflects the growing demand for world-class office infrastructure among automotive tech ventures. The phased occupation begins in September 2025, underscoring Whitefield’s status as a strategic hub for global technology firms.
Lease Deal Highlights
- Total Area: 58,900 sq. ft spanning six floors of a premium office tower
- Tenant: BMW Techworks – BMW Group and Tata Technologies Joint Venture
- Monthly Rent: ₹1.04 crore, calculated at ₹175.50 per sq. ft
- Tenure: 5 years with a lock-in period of 54 months
- Security Deposit: ₹5.21 crore
- Annual Escalation: 5% per year
- Parking: 59 reserved car parking slots with provision for additional spaces
- Phased Occupation:
- First 30,000 sq. ft from September 2025
- Remaining 28,920 sq. ft from April 2026
Purpose of the Office Space
The facility will be used to strengthen BMW Techworks’ software development capabilities. The joint venture focuses on advanced automotive solutions such as:
- Automated driving systems
- High-tech dashboard displays
- Next-generation automotive software and user interfaces
Whitefield’s Significance
- One of Bengaluru’s largest tech and business corridors in the eastern zone
- Hosts major multinational corporations, startups, and R&D centres
- Known for Grade A commercial office supply catering to IT, finance, consulting, and engineering sectors
- Well-connected by major road networks and upcoming metro expansions
Market Implications
- Demonstrates the continued interest of large automotive and technology JV ventures in Bengaluru’s premium office spaces
- Reinforces Whitefield’s position as a preferred location for long-term leasing by global firms
- The ₹175.50 per sq. ft rate aligns with prevailing Grade A rental values in key IT corridors
- The structured phased possession approach showcases flexibility for growing operational needs
The FlexInsights Take
BMW Techworks’ strategic leasing in Whitefield signals a strong vote of confidence in Bengaluru’s office market, particularly for sectors merging automotive engineering with advanced technology. The significant investment in a premium setup with phased expansion mirrors a cautious yet growth-oriented workspace strategy—ensuring room for scale while locking in favourable market rates. For Whitefield, such high-profile, long-duration contracts fortify its reputation as a magnet for cutting-edge industries.
