ANZ Support Services India Private Limited has renewed its lease for 6,18,751 square feet of office space at Embassy Manyata Business Park in North Bengaluru for 48 months. The monthly rent is ₹5.94 crore, which works out to ₹96 per square foot. The lease includes an escalation clause of 15% after 24 months. Additionally, ANZ has paid a deposit of ₹35.6 crore to secure the space.
According to documents accessed by Propstack, ANZ has been operating its Bengaluru service center from Embassy Manyata Business Park since 2005. In June 2022, the company signed up for a built-to-suit facility of 600,000 sq ft in the same premises.
The Embassy Manyata Business Park, located in North Bengaluru, is a comprehensive built-to-suit solution designed to accommodate over 6,000 employees.
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