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N Nvidia's Indian subsidiary has leased a 7,60,000 sq ft office space in Bengaluru's Bagmane Capital.
Nvidia has leased 7,60,000 sq ft at Bagmane Capital in Bengaluru for AI R&D expansion.
KEY POINTS
- Nvidia's lease involves a ₹1,230 crore payout over 10 years with a 15% rent escalation every three years.
- The Bagmane Capital lease commenced on April 1, according to Propstack's data.
- Nvidia also occupies major office spaces in Pune and Gurugram, reflecting a rapid India expansion.
- India's office leasing may reach 100 million sq ft in two years, per JLL India projections.
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