IBM India Leases 2.83 Lakh Sq Ft Office Space in Bengaluru for 10 Years
IBM India has signed a 10-year lease for 2.83 lakh sq ft of office space at Bagmane Solarium City in Bengaluru, starting February 2026. The monthly rent is approximately ₹2.49 crore, with a 15% escalation every three years and a security deposit of ₹14.96 crore. Additionally, IBM will pay fit-out rent of about ₹2.98 crore monthly for five years, totaling around ₹179 crore. This lease reflects continued demand for premium office spaces in Bengaluru's tech sector amid steady national office leasing trends.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (52/100). Lens Score 41/100.
Outlets measured: hindustantimes, businessstandard. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (50–55/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
businessstandard broke this story on 23 Oct, 01:13 pm. Other outlets followed.