TCS leases 1.75 million sq. ft. in Bengaluru, commits ₹15.37 crore monthly
Tata Consultancy Services (TCS) has leased 1.75 million sq. ft. of space at Sattva Knowledge Point, Yeshwanthpur, Bengaluru, in a deal with Darshita Southern India Happy Homes Pvt. Ltd, according to real-estate analytics firm Propstack.
TCS will pay a monthly rent of ₹15.37 crore, translating to ₹87.73 per sq. ft., with a tenure of five years and a security deposit of ₹25 crore.
The lease will commence on April 8, 2025, covering Tower A (3 basements + ground + 10 floors) and Tower B (2 basements + ground + 12 floors) of the campus.
The agreement includes a 14 per cent rental escalation every three years and provides the option of a five-year renewal.
This deal follows TCS’s recent 15-year lease of 1.4 million sq. ft. at Neeladri Road, Electronic City, where it is paying a monthly rent of ₹9.31 crore with 12 per cent escalation, amounting to a total outgo of about ₹2,130 crore. Together, the two transactions highlight the IT major’s strategy of consolidating operations in large, campus-style facilities across Bengaluru.
The year 2025 has witnessed several significant office leases in Bengaluru. In June, Amazon Development Centre India and Amazon Seller Services leased over 1 million sq. ft. of office space in North Bengaluru at a monthly rent of ₹6.1 crore.
In August, Apple India signed a 10-year lease for approximately 2.7 lakh sq. ft., with a starting monthly rent of ₹6.3 crore. The agreement is estimated to cost the company over ₹1,000 crore in rent, parking, and maintenance charges over the lease term.
In September, BlackRock signed a 10-year lease for 143,000 sq. ft. at KNG Tower 1, Ashok Nagar, Bengaluru, in a deal valued at ₹410 crore.
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Published on September 29, 2025
