Bengaluru, Jan. 30 -- IBM India Pvt. Ltd has signed a 10-year lease for over 230,000 sq. ft of office space across six floors at Intellion Park in Gurugram's Sector 59, with a rental outlay of Rs.180 crore.

The global technology major will pay a monthly rent of Rs.1.25 crore, with a 15% rental escalation every three years. The lease deed was signed in December, as per documents accessed by real estate data analytics platform Propstack.

IBM has leased the space from Mikado Realtors Pvt. Ltd, which is promoted by Tata Realty and Infrastructure Ltd (TRIL), the documents showed.

Intellion Park in Gurugram is a campus-style information technology (IT)/IT enabled services (ITeS) special economic zone, spread across 25 acres.

In another larg...