India, Sept. 29 -- IT major Tata Consultancy Services Limited has taken on lease about 17.52 lakh sq ft of commercial office space in Sattva Knowledge Point in Bengaluru for nearly Rs.975 crore rent for five years, documents accessed by Propstack have shown.

The technology firm has leased three floors in Tower A and Tower B. The per month rent is around Rs.15.37 crore per month, the documents showed.

The office space has been leased in Sattva Knowledge Point, Tower A and B, Yeshwanthpur, Bengaluru, they showed.

The per sq ft rate is Rs.87.73. The company has paid a security deposit of Rs.25 crore, the documents showed.

The lease comes with an escalation clause of 14% after every three years. It has a renewal option one additional term...