Nike India leases 1.25 lakh sq ft office space in Bengaluru for five years at a total rent of rRs.r121 crore
India, June 13 -- Nike India Technology Center Private Limited has leased more than 1.25 lakh sq ft of office space at Bagmane Tech Park in Bengaluru through two separate transactions registered for a five-year period at a total rent of Rs.121 crore, according to property registration documents accessed by CRE Matrix.
In the first transaction, Nike India leased 48,639 sq ft of office space on the third floor of the Olympia Building at Bagmane Tech Park at an initial monthly rent of Rs.80.25 lakh. According to the documents, the lease agreement was executed for a five-year term, commencing on January 15, 2026, with rent payments scheduled to begin on May 15, 2026.
The company paid a security deposit of Rs.4.81 crore and secured 55 paid c...
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