Archive · 17 Nov 2025
IKEA Leases 1.2 Lakh Sq Ft Retail Space at Bengaluru's Purva Zentech Park
A big furniture company called IKEA is going to open a new store in Bengaluru.
They have rented a large space, which is 1.2 lakh square feet, in a new building complex named Purva Zentech Park.
This building is located on Kanakapura Road, close to a metro station and a mall.
The space will be ready for IKEA in early 2026, and they will start selling things after that.
This new store is expected to make the shopping and office complex even more popular.
The building is also designed to be eco-friendly.
IKEA has leased 1.2 lakh sq ft of retail space across two floors at Purva Zentech Park on Kanakapura Road, Bengaluru.
The space is scheduled for handover in the first quarter of 2026, with operations to begin subsequently.
Purva Zentech Park is a 9.6 lakh sq ft mixed-use commercial development designed with sustainability in mind (IGBC Gold certified).
The location is highly accessible, being a short walk from the Konankunte Metro Station and Forum Mall.
IKEA's decision to lease a significant space is seen as a strong endorsement of the project and is expected to boost its appeal.
- Who
- IKEA
- What
- Leased 1.2 lakh sq ft of retail space across two floors
- When
- Space to be handed over in Q1 2026, operations to commence thereafter
- Where
- Purva Zentech Park, Kanakapura Road, Bengaluru
- Why
- To open a new store and enhance the appeal of the commercial development
IKEA's Expansion
Local Businesses
Retail Space Acquisition
IKEA's Expansion
IKEA is expanding its retail presence by leasing a significant 1.2 lakh sq ft of space.
Local Businesses
Local businesses might face increased competition with IKEA's new large-format store.
- Leased Area
- 1.2 lakh sq ft
- Location
- Purva Zentech Park, Kanakapura Road, Bengaluru
- Handover Date
- Q1 2026
- Project Size
- 9.6 lakh sq ft (mixed-use commercial development)
- Nearby Amenities
- Konankunte Metro Station, Forum Mall
- Certification
- IGBC Gold