Infosys Technologies is locking up huge office spaces across the country, and has leased over 9 lakh sq ft office space across major cities to expand its business. In a recent transaction, Infosys Technologies has picked up over 2,10,000 sq ft office space on lease in Bhartiya City at Thanisandra Road in Bengaluru, said two persons having direct knowledge of the deal. This is one of the largest leasing transactions in terms of space, taking place in Bengaluru so far this year. The software major will be paying an annual rental of about Rs 9 crore. The lease term is a total 9 years with a clause of rental reset every three years. Infosys’ employee count stood at over 197,050 as on June 30, 2016.
Read more: Economic Times
