The tech giant has renewed its lease on 8.7 lakh sq ft at Bagmane Capital Business Park, paying ₹7.5 crore monthly for space across Kyoto East and West Towers

Google IT Services India has renewed its lease for 8.7 lakh square feet (sq ft) of office space in Bengaluru for five more years at a monthly rent of ₹7.5 crore (₹90 crore per annum), according to lease-related documents reviewed via Propstack, a real estate data analytics firm.

The office space is spread across two adjacent towers in the Bagmane Capital Business Park — Kyoto East Tower and Kyoto West Tower. This space is close to Google’s largest and fourth campus in India, Google Ananta, which has a seating capacity of 5,000 employees.

The company has renewed the lease for a chargeable area of 4.52 lakh sq ft in Kyoto East Tower at a monthly rent of ₹3.9 crore, equating to ₹86.25 per sq ft. It has also paid a security deposit of ₹20.32 crore for the space.