2.5 lakh sq. ft. office space leased by Bosch
German multinational engineering and technology company, Bosch has leased around 2.5 lakh sq. ft. office space in Hyderabad. Space is acquired to expand its operations. The facility is located at Sattva Group-owned office park-Knowledge city. As per information the firm will be paying a rental of around Rs 120 per sq. ft or around Rs 30 crore annually.
The lease term has a five-year lock-in period with a 9-year lease for a space that can seat around 3000 employees and will go live by year-end.
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