# N Nvidia Graphics Private Limited has taken up space at Bagmane Capital’s Memphis South Tower in Mahadevpura.

*semiconductor · news · 2026-04-27 · The Hindu Business Line*

## Key points

- Nvidia's Indian unit has leased 7.6 lakh square feet at Bagmane Capital’s Memphis South Tower.
- The lease spans 12 floors, begins April 1, 2026, and runs for 10 years.
- Total rental outflow for Nvidia is estimated at ₹1,230 crore, with ₹8.6 crore monthly rent.
- The lease includes a 15% rent escalation every three years and a ₹34.35 crore security deposit.

**Companies:** Nvidia
**Countries:** India, United States

[Read the full story on The Hindu Business Line](https://www.thehindubusinessline.com/news/real-estate/nvidia-inks-10-year-lease-for-76-lakh-sq-ft-office-space-in-bengaluru/article70912637.ece)

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