6 days ago
Infineon Technologies Leases Bengaluru Office Space For Rs 750 Crore
Infineon Technologies is renting a very large office in Bengaluru.
The office is in the Whitefield area and covers about 632,000 square feet.
The company will pay more than Rs 750 crore over 10 years.
It has already paid Rs 33.36 crore as a security deposit.
The rent will increase by 15 per cent every three years.
The lease starts on December 1, 2026, and includes eight months without rent.
Infineon recently bought a Bengaluru chip startup called C2i Semiconductors.
One expert said the deal shows India is becoming more important for technology research and artificial-intelligence engineering.
Infineon Technologies has leased 631,923 square feet in Bengaluru’s Whitefield for 10 years.
The agreement carries a total rent of more than Rs 750 crore, with a monthly rate of Rs 88 per square foot.
The space spans the ground through ninth floors of Bagmane Solarium City, with the lease beginning December 1, 2026.
Infineon paid a security deposit of Rs 33.36 crore, while rent will rise 15 per cent every three years.
The expansion follows Infineon’s acquisition of Bengaluru-based C2i Semiconductors and comes amid a 3.9 per cent decline in Indian office leasing in H1 2026.
- Who
- Infineon Technologies, a German semiconductor company, is the tenant; Propstack reported details of the transaction.
- What
- Infineon has leased 631,923 square feet of Bengaluru office space for more than Rs 750 crore over 10 years.
- Where
- Bagmane Solarium City in Whitefield, Bengaluru.
- When
- The lease is scheduled to begin on December 1, 2026; rent will escalate every three years.
- Why
- The lease follows Infineon’s acquisition of C2i Semiconductors and is intended to support its semiconductor research and development capabilities in India.
Expansion Optimism
Market Caution
What the lease indicates
Expansion Optimism
Propstack cofounder Raja Seetharaman said Infineon’s approximately 630,000-square-foot commitment reflects India’s shift from a regional delivery hub toward a major global research and development and artificial-intelligence engineering base.
Market Caution
The broader office market showed caution: Indian office leasing fell 3.9 per cent year over year in the first half of 2026, although global capability centres accounted for 15.8 million square feet, or 41.6 per cent of leasing.
Key facts
- Chargeable area
- 631,923 square feet
- Total lease rent
- More than Rs 750 crore over 10 years
- Monthly rental rate
- Rs 88 per square foot
- Security deposit
- Rs 33.36 crore
- Rent escalation
- 15 per cent every three years
- Rent-free period
- Eight months
- Lease commencement
- December 1, 2026
