Bosch leases 2.5 lk sq ft office space in Hyderabad.

Bosch has leased around 2.5 lakh sq. ft. office space in Hyderabad to expand its operations in one of the largest office lease deals in the city in recent times. The new facility is at Sattva Group-owned office park-Knowledge city.

“The software major 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,” said three people aware of the deal.

ET