India, April 27 -- Nvidia Graphics Pvt Ltd, the company's Indian subsidiary has leased 7.6 lakh sq ft of office space in Bengaluru at Bagmane Capital's Memphis South Tower, with a total lease value of Rs.1,230 crore over 10 years, according to documents accessed by Propstack.

NVIDIA Graphics Private Limited has taken up 12 floors in the tower, owned by Bagmane Constructions Private Limited, covering a chargeable area of 7,60,000 sq ft. The monthly rent works out to Rs.8.59 crore.

The lease, classified as a fresh transaction, commenced on April 1, 2026.

The transaction included a rent of Rs.113 per sq ft per month. The lease tenure is 10 years, with a security deposit of Rs.34.35 crore. The agreement also includes a 15% rent escalation ...