India, June 20 -- Tech Mahindra Limited has leased 3.97 lakh sq ft of office space at Aparna Technopolis, an IT park in Hyderabad's Kondapur area, for a 10-year term at an initial monthly rent of Rs.3.06 crore, according to documents accessed by CRE Matrix. The company is expected to pay a total rent of approximately Rs.410.93 crore over the lease period.

The technology park is developed by Aparna IT Hub LLP. The transaction covers the entire 12th to 15th floors across Blocks A and B and has been executed for a 10-year tenure, the documents showed.

The lease agreement, registered on June 11, 2026, stipulates an initial monthly rent of Rs.3.06 crore, translating to about Rs.77 per sq ft per month. Tech Mahindra has also deposited a secur...