BlackRock

BlackRock Secures ₹410 Crore Lease for 1.43 Lakh Sq Ft Office Space in Bengaluru0

• Industry News
• September 16, 2025

BlackRock Services India Pvt Ltd, the Indian subsidiary of global asset giant BlackRock Inc, has finalised a lease deal for 1.43 lakh sq ft of premium office space in KNG Tower 1, Ashok Nagar, Bengaluru. The agreement, valued at ₹410 crore for a ten-year term, sets a monthly rent of ₹2.72 crore (₹190/sq ft), with a 5% annual escalation and a security deposit of ₹21.75 crore. Registered in August 2025, this deal highlights Bengaluru’s strong commercial real estate momentum, attracting large-scale occupiers and international investors.