Bengaluru, Feb. 24 -- Apple India Pvt. Ltd has taken an additional 1,21,203 sq ft on lease in a premium office tower named Embassy Zenith in Bengaluru for a ten-year period, after the iPhone maker took up 268,000 sq. ft in the same property last year.

Apple has leased the space from MAC Charles (India) Ltd.With this additional lease, Apple's total area in Embassy Zenith is now 389,000 sq. ft, with a monthly rent of Rs.9.16 crore.

The total rent Apple will pay for this space over the 10-year tenure is Rs.1,333 crore, as per real estate data analytics platform Propstack.

"Apple's decision to exercise its expansion rights at Embassy Zenith, bringing its total commitment to Rs.1,333 crore over 10 years, is a massive vote of confidence in I...