Amazon looking to lease 20,00,000 sq ft space in Bengaluru

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E-commerce giant Amazon is all set to lease a huge office space as part of its massive expansion plan of Bengaluru operations, dwarfing its presence in Hyderabad.

Amazon is scouting for land parcels of about 2 million sqft in North Bengaluru with potential to double it in the future, people familiar with the matter said.

It is looking for a built-to-suit lease campus and has sent out feelers to builders Embassy and Bhartiya City.

The company may take about five months to decide on the location, the people mentioned above added.

Lease rentals in that micro market are among the lowest in the city – between Rs 50 and Rs 60 – as it’s an upcoming area.

Source: EconomicTimes

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