Apple Inc. is significantly expanding its footprint in India by leasing nearly a million square feet of prime real estate in Mumbai and Bengaluru, highlighting the country's growing importance as both a consumption hub and manufacturing base.
AppleReal EstateIndiaBengaluruMumbaiReal Estate MumbaiAug 18, 2025
Bengaluru has emerged as Apple's largest operational hub outside its headquarters in Cupertino, California.
Apple has leased or committed to leasing almost a million square feet of prime real estate in marquee business districts and shopping centres in India since 2023.
Apple's largest transaction in Bengaluru came in 2023 when it signed a long-term lease for over 410,000 sq ft at Prestige Mink Square, Cubbon Road.
Apple leased 11,000 sq ft for a new Apple Store at Phoenix Mall of Asia at Hebbal in North Bengaluru.
Apple's expansion in Mumbai, including leasing 18,023 sq ft at Borivali's Oberoi Skycity Mall, marks its retail push into suburban consumption markets.
As Mumbai continues to grow
Mumbai's prime residential prices surge 11.5% year-on-year, ranking third globally, as India's economic growth drives demand in luxury housing market.
The latest data from JLL India reveals a 21% decline in affordable housing supply below Rs 50 lakh, while premium projects saw a significant surge in demand.
Priyanka Chopra Jonas is a keen investor in the real estate space, owning multiple properties in India and the US. Here's a look at her recent transactions.
Uber has partnered with Heads Up for Tails to offer pet-friendly rides in Delhi and Mumbai, making travel more convenient and comfortable for pet owners.
A real estate investment trust (REIT) backed by asset manager Blackstone Group and Bengaluru developer Sattva Group has filed its draft papers with the Securities and Exchange Board of India (SEBI) for a ₹7000 crore initial public offering (IPO).