29 Sept 2026
TVS Motor leases 529,533 sq ft office space in Bengaluru for 10 years
TVS Motor has taken 529,533 sq ft of office space at Gardencity IT Park in Hebbal, Bengaluru, on a 10-year lease that began on September 22. The monthly rent is about ₹4.7 crore, and Colliers advised on the deal. For business owners, it shows large firms are still committing to long office leases in Bengaluru, so landlords and tenants should review rent terms carefully before signing.
Key Statutory Highlights
- TVS Motor has leased 529,533 sq ft of office space at Gardencity IT Park in Hebbal, Bengaluru.
- The lease runs for 10 years and commenced on September 22.
- The monthly rent is about ₹4.7 crore, and Colliers advised on the transaction.
Actionable Advice for Taxpayers / Founders:If you are signing or renewing a commercial lease, get the rent, lease term and other key terms checked by a professional before you commit.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
Share: