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Google leases new office space in Bengaluru with a monthly rent of over Rs 4 crore: Report

  • Google has secured 649,000 square feet of office space in Bengaluru, marking a significant step in its India expansion strategy.
  • This lease seems to be part of a broader plan to enhance its presence in key Indian cities. The office has been leased with a three-year lock-in period at a monthly rental rate of Rs 62 per square foot, totaling a whopping Rs 4,02,38,000 monthly rent.
  • This move follows Google's recent layoff of core employees in the US, with some positions reportedly shifted to India. Google's expansion in India also extends to manufacturing, with plans to produce smartphones and drones in Tamil Nadu.

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