Global aerospace and defence major Airbus India Private Limited has leased 1.51 lakh sq ft of office space at Titanium Tech Park in Bengaluru, according to documents accessed by CRE Matrix. The deal strengthens the company’s long-term expansion strategy in India. With this addition, Airbus continues to scale its technology and engineering footprint in the city.
Deal Details
Airbus leased 1,14,955 sq ft across the third and fourth floors and 36,755 sq ft on the ground floor. The company agreed to pay ₹64 per sq ft per month. It will pay ₹73.57 lakh for the upper floors and ₹23.52 lakh for the ground floor. The total leased area stands at 1,51,710 sq ft. The total monthly rent stands at ₹97.09 lakh. The lease runs for eight years until October 31, 2034. The company paid a security deposit of ₹4.75 crore for the upper floors and ₹1.52 crore for the ground floor. The agreement also includes 203 parking spaces across all floors.
Earlier 6.2 Lakh Sq Ft Commitment
Last year, Airbus leased over 6.2 lakh sq ft in the same tower to establish its global capability centre. The company took 5.63 lakh sq ft across the sixth to the fifteenth floors at a monthly rent of ₹3.60 crore. It also leased 57,508 sq ft on the fifth floor for ₹36.80 lakh per month. The earlier agreement included a scalability clause that allowed Airbus to add another 1.5 lakh sq ft and extend the lease by five years, potentially making it a 15-year commitment.
Market Outlook and Sentiments
India’s office market continues to show strong momentum, with leasing activity nearing record levels and Bengaluru leading demand. Global capability centres, technology firms, and flex operators are driving fresh absorption despite global uncertainties.
Improving sentiment indicators reflect renewed confidence in premium office assets. The Airbus expansion aligns with this broader optimism, as large occupiers continue to secure quality space in Bengaluru. This, in turn, indicates sustained demand in India’s commercial real estate market.
Recent office space transactions in Bengaluru highlight sustained demand from global occupiers and technology majors. In one of the largest commercial leasing deals of 2025, IBM India Pvt. Ltd. leased 161,884 sq ft of Grade-A office space at Embassy Golflinks Business Park (EGL), Bengaluru.
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