India, Nov. 17 -- Bengaluru-based real estate developer Puravankara Limited has signed a lease agreement with Swedish furniture retailer IKEA India for more than 1.2 lakh sq ft of retail space in Bengaluru's Purva Zentech Park on Kanakapura Road, the company said in a statement.

The Swedish home furnishings major will occupy the first and second floors of the upcoming mixed-use commercial project, with handover expected in Q1 2026 and operations slated to begin soon after.

The company did not disclose the monthly rent or the duration of the lease.

Purva Zentech Park, a 9.6-lakh-sq-ft IGBC Gold-certified development, features floor plates of approximately 50,000 sq ft and modular units ranging from 4,500 to 5,000 sq ft. Located near Kon...