Apple will lease 400,000 sq ft of office space on Sankey Road from Embassy Group at a record cost of nearly ₹220 per sq foot per month.

Apple Inc.'s newest location in Bengaluru, India's innovation hub, has greatly increased its footprint in the nation. This shows the U.S. company's increasing commitment to India, the second-largest smartphone market, and its diversification outside China.

As lenders grapple to recover their investments from the debt-stricken retailer, the focus has shifted to the potential recovery through the asset held by Bansi Mall Management Co Pvt Ltd (BMMCPL), a subsidiary under the umbrella of the Future Group.

Spectrum Metro, the high-street retail commerce capital located in Noida Sector 75, has finalised leased space agreements with well-known brands such as Smaaash, Reliance Digital, Reliance Trends, Uni Applem Reseller, and Toksik, among others.

Apple India renewed its 52,000-square-foot contract with The Executive Centre, a flexible office operator. In July 2022, Propstack extended the leasing arrangement for 36 months with a 16-month lock-in.