India, June 10 -- Amazon Development Centre India and Amazon Seller Services has leased over 1 million square feet of office space in north Bengaluru at a monthly rent of Rs.6.1 crore, according to documents reviewed by data analytics firm Propstack. Real estate experts say that this deal could spur further demand in the area.
The office space is located in Kattigenahalli, about a 25-minute drive from the Kempegowda International Airport. Amazon has leased the entire building, which comprises 11 floors and can house more than 6000-7000 employees, people aware of the transaction told HT.com.
According to the lease documents, the rental agreement commenced on October 9, 2024, and is valid for a period of 10 years. Amazon is paying Rs.62.0...
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