Bengaluru: Global online travel company Booking.com has leased approximately 1.1 lakh sq ft of office space in East Bengaluru, committing to a total rent of around ₹84 crore over five years. The transaction highlights continued demand for high-quality commercial office space in one of India’s leading technology and business hubs.
The lease
comes amid sustained interest from global companies in Bengaluru, where
established technology clusters and strong connectivity continue to attract
large office occupiers. East Bengaluru, in particular, has emerged as a major
commercial destination, supported by its proximity to key residential areas,
technology parks and business corridors.
The deal
also underlines the resilience of Bengaluru’s office market, as multinational
companies continue to expand or consolidate their corporate operations in
premium commercial properties.
With large
technology and global services companies remaining active in the city, Bengaluru’s
commercial real estate sector is expected to remain an important driver of
India’s office leasing market. The Booking.com transaction adds to the growing
list of large corporate space commitments across the city.
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