Hyderabad, Sept. 2 -- Apple has leased 64,125 sq ft in Wave Rock Tower 2.1 in Nanakramguda for a five-year with a monthly rent ofRs 80.15 lakh at a rate ofRs 125 per sq ft. This includes a warm shellrentofRs 74.18 per sq ft and a fit-out rent ofRs 50.82 per sq ft.

The lease covers the upper ground and third floors of the tower, for which Apple, under the agreement starting from July 1, 2025.

Apple has been designated 64 car parking spaces (1 reserved space for every 1,000 sq. ft. of leasable area) at no additional cost. Each space can be used for either one car or up to six two-wheelers. The agreement showed that additional parking spaces may be provided, subject to availability and payment of extra rent.

The company paid the landlord ...