India, Sept. 19 -- The much-anticipated iPhone 17 series sale has kicked off in India, sparking a frenzy at Apple stores with massive queues of eager buyers. From early morning, long lines formed outside stores as customers waited to grab the new iPhone 17, iPhone 17 Pro Max, and iPhone Air. Here's a glimpse at the size of these stores and the monthly rent they pay.

In December 2024, Apple India signed one of the country's most expensive commercial lease agreements when it secured 6,526 square feet of space at Bandra Kurla Complex (BKC) in Mumbai for five years. The space, located in Maker Maxity-5, came at a staggering rental rate of Rs.738 per square foot per month.

The five-year lease translated into a monthly outgo of Rs.48.19 lakh,...