By Bricksnwall | 2026-06-07
Google India inks deal for 6.2 lakh sq ft
office space at DLF Atrium Place Tower 1, Gurugram; total rental commitment
₹671 cr for 5 years
Google India Private Limited has leased out
roughly 6.2 lakh sq ft of office space in DLF Atrium Place Tower 1, Gurugram,
at a total rental outgo of nearly ₹671 crore over five years, according to
records seen by Propstack.
The office space of 6.17 lakh sq ft has been
leased from Atrium Place Developers Private Limited. The papers stated the new
lease starts Oct. 1, 2025, and includes floors 2 through 16 of the commercial
tower.
Under the deal, Google will pay a monthly
rent of about ₹10.55 crore at a leasing cost of ₹171 per sq ft. The company has
also furnished a security of ₹63.65 crore. The agreement requires a 15% rent
increase every three years, according to documents filed in April 2026.
Email has been sent to Google and DLF. If
there is a reaction, the story will be updated.Google’s lease of approximately
6.2 lakh sft at DLF Atrium Place underlines continued demand for institutional
grade, sustainable office properties in key micro-markets. This is a long-term
commitment by a global technology leader, and it demonstrates sustained faith
in physical workplaces as the underpinning for talent cooperation and
innovation. Raja Seetharaman, co-founder Propstack stated, “Further
strengthening Gurugram’s status as a preferred destination for high-value
corporate consolidation in India.
Other large commercial real estate
transactions
Propstack records showed that Airbnb has
rented 46,437 sq ft of office space at Gurugram’s DLF Cybercity for its Global
Capability Centre (GCC) at a monthly price of ₹61.53 lakh under a five-year
lease arrangement.
GCC rents 46,437 sq ft to Airbnb in
Gurugram’s DLF Cybercity for monthly fee of ₹61.5 lakh
The company has leased premises in DLF
Cybercity, Building No. 5 (Tower A) of DLF Cyber City Developers Limited. The
lease began on October 1, 2025, at a fee of ₹132.5 per sq ft per month. Airbnb
has also paid security deposit of Rs 5.54 crore. There is a 5% escalation
clause in the deal, the lease paperwork say.
Further, Airbnb would pay ₹2.85 lakh a month
for 38 automobile parking slots at ₹7,500 per slot. The documents revealed that
any extra parking will be taxed at ₹8,500 per month each.
Global Capability Centers are offshore or
remote centers that organizations use for technology, operations, analytics,
finance and support tasks.
IBM India Private Limited has rented 2.3 lakh
sq ft office space in Gurugram for a total rent of ₹180 crore for 10 years
earlier this year, as per a document seen by Propstack.
Google IT Services India had extended its
lease for 8.7 lakh sq.ft of office space in East Bengaluru’s Doddanekkundi with
an annual rent commitment of ₹90 crore in the last year. The five-year leases
recorded in April involve office space in the Kyoto West and East Towers at
Bagmane Capital Business Park, according to records seen by data analytics firm
Propstack.
Google India Private Limited and Google Cloud
India Private Limited renewed their office space leases in Bandra-Kurla Complex
(BKC) in Mumbai, India’s costliest commercial district, in February last year
for a rent of ₹304 crore for five years, according to property registration
documents accessed by SquareYards.
Source: Hindustan Times