India, Oct. 6 -- BMW Techworks, a joint venture between BMW and Tata Technologies, has leased 58,900 sq. ft of commercial office space in Bengaluru's Whitefield area for a starting monthly rent of Rs.1.04 crore, according to property registration documents accessed by Propstack.com.

The lease, signed with Simpliwork Offices Private Limited, spans a five-year tenure, as per the documents.

The agreement was signed on September 11, 2025, for which a security deposit of Rs.5.21 crore was paid, as per the documents.

The leased space spans six floors of a premium office tower, with a monthly rent of Rs.1.04 crore, translating to Rs.175.50 per sq. ft. The lease agreement includes a security deposit of Rs.5.21 crore and a 5% annual rent escala...