IKEA leases 1.2 lakh sq ft at Purva Zentech Park on Kanakapura Road in Bengaluru

Purva Zentech Park is a 9.6-lakh-sq-ft mixed-use commercial development located close to the Konankunte Metro Station and Forum Mall.
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Swedish home furnishing major IKEA has signed an agreement to lease (ATL) 1.2 lakh square feet of retail space across two floors at the Purva Zentech Park, located on Kanakapura Road, Bengaluru.

Puravankara said that the retail giant has signed an ATL, and the space is expected to be handed over in Q1 of calendar year 2026, with operations scheduled to commence thereafter.

Prime metro location

Purva Zentech Park is a mixed-use commercial development with approximately 9.6 lakh sq ft. The park is located within a five-minute walk of both the Konankunte Metro Station and Forum Mall. The project is a sustainable, Indian Green Building Council (IGBC) Gold development.

Strong commercial pipeline

Rajat Rastogi, CEO- West & Commercial Assets, Puravankara Limited, added, “We are excited to onboard IKEA at Purva Zentech Park. Their decision to occupy retail space of more than 1.2 lakh square feet of leasable area across two floors is a strong endorsement of the project’s strategic location, smart design, and adaptable retail layout. With Bengaluru’s leasing activity showing consistent growth, especially in the southern corridor, we are confident the project will become a vibrant hub for both business and lifestyle. IKEA’s presence marks a significant beginning and will play a key role in shaping the project’s appeal and tenant mix.”

Puravankara currently has a commercial development pipeline of 3.2 million square feet, of which nearly 2 million square feet is expected to receive occupancy certificates within this financial year.

Published on November 17, 2025