630,000 sq ft office space leased by Intuit in Bengaluru
California-based financial software firm Intuit has leased over 630,000 sq ft of office space across 11 floors of a commercial tower in Bengaluru’s Embassy Tech Village. The firm plans to set up a Global Capability Centre (GCC)-expanding their teams for engineering and AI.
The space is leased for a full 10-year tenure from landlord Vikas Telecom—a special purpose vehicle of listed Embassy Office Parks REIT. The firm will pay a monthly rental of Rs 6.13 crore, with the total rent estimated at around Rs 915 over the lease period.
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