Net leases (tenant pays opex, taxes separately).

  • Typical lease length: 9 years.
  • Typical rent-free: 6 months.
  • Vacancy: 14.2%; trend rising.
  • Net leases (tenant pays opex, taxes separately).

Bangalore office lease norms

Net leases (tenant pays opex, taxes separately).

TL;DR

  • Typical lease length: 9 years.
  • Typical rent-free: 6 months.
  • Vacancy: 14.2%; trend rising.
  • Net leases (tenant pays opex, taxes separately).

Structure

Net leases (tenant pays opex, taxes separately). 9-year terms with 3-year lock-ins standard. Free rent of 4-9 months and TI of INR 1,500-3,000/sqft typical on a 9-year Class A deal.

Negotiating levers

Free rent and TI remain the most negotiable line items; landlords prefer concessions to face-rent cuts because they preserve headline rent and implied valuation. Always model effective rent (face minus PV of concessions).

Key facts

cityBangalore
countryIndia
regionAPAC
classARentLocal110 INR/sqft/yr
classARentUsd$1/sqft/yr
vacancy14.2%
typicalLeaseYears9
typicalRentFreeMonths6
submarkets5
primeYieldPct8.5%

Frequently asked questions

What's a typical lease term in Bangalore?
9 years for institutional Class A. Shorter terms are achievable on smaller floor plates with stronger covenants.
How is rent quoted in Bangalore?
In INR/sqft/year. We also publish a USD-normalised view ($1/sqft/yr) for cross-market comparison.

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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