Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Amazon has leased over 1 million sq ft of office space in North Bengaluru’s Kattigenahalli, signalling strong demand in the area. The 10-year deal, valued at ₹6.1 crore per month, is expected to house 6,000–7,000 employees and boost commercial and residential investment interest in the well-connected micro-market.
READ MOREAmazon has renewed its lease for over 94,000 sq ft of office space at Godrej Two in Mumbai’s Vikhroli, committing ₹1.73 crore in monthly rent for five years. Spread across four Amazon entities, this move reinforces the brand’s long-term investment in India’s commercial real estate and the appeal of premium office hubs.
READ MOREAmazon India is relocating its Bengaluru headquarters to reduce costs, saving nearly ₹8 crore annually on rent. The move affects 5,000 employees and raises challenges for landlord Brigade Enterprises. Meanwhile, Amazon’s logistics and payments units show steady growth, and its wholesale division reduces losses amid stricter FDI regulations in India.
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