Apple Has Built A 4 Lakh sq.ft Bengaluru Commercial Office Space

Its largest real estate deal in India, Apple has leased around 4 lakh sqft of commercial office space in the central business district of Bengaluru, people who are familiar with the matter. The company has an existing lease of 50,000 sqft in the northern part of the city with RMZ, but sources said the company could vacate that space and consolidate its operations in the central business district of Bengaluru.

Apple and Prestige did not respond to requests for comment. The deal was signed with the iPhone maker, which started its online retail store in the country in September. New Apple Office will host Tech Center, Already a smartphone maker in India has announced that it will open its first store in Mumbai in November. The new Bengaluru office space will host a large technology center, which can seat 4,000 employees, but the numbers may be reduced as companies disinfected their workplaces due to the pandemic. Apple advertised vacancies for 18 jobs on its website in September; Seven of these are in Bangalore and the rest in Hyderabad, Chennai, and Gurgaon.

The company's RMZ building in northern Bengaluru is used for its design and development accelerator, which supports engineering talent and works to develop the nation's iOS network community. The accelerator has supported thousands of local developers, and apps created by developers in India have become more important to its ecosystem, the company said last month. Over the years, the company has stated that India is one of its important markets, although it holds a minor share in the country's smartphone segment due to the high price of its products. The company is said to be considering transferring some of its production from China to India. The Expanded Technology Center suggests that the company is keen to work more closely with India's technology ecosystem and develop useful solutions for it in India.