Adobe Systems India Buys Four Lakh sq ft Office in Bengaluru
Real Estate

Adobe Systems India Buys Four Lakh sq ft Office in Bengaluru

According to registration documents, Adobe Systems paid Rs 5.5 billion for a built-to-suit building in Bengaluru.

The structure, which is located in Bellandur's Prestige Tech Park IV, has a super built-up area of approximately 4.1 lakh square feet and consists of two basement floors, ground, and 12 upper storeys.

According to the sale reports obtained via data analytics company Propstack, the company receives 640 exclusive parking spaces together with the building, and these spaces are not located in a densely populated region.

The US-based manufacturer of multimedia and creativity software intends to concentrate on India's banks, retail businesses, and major organizations. It claimed India was a crucial market last year and bet on programs like Make in India and Digital India to help it enter the next phase of growth there. It also sees prospects in the startup industry as more and more new age businesses depend on its tools to market their offerings.

See also:
Apex Fund Service acquires 53,592 sq ft office space in Pune
CPPIB to infuse Rs 26.5 bn in JV with RMZ to develop office spaces

According to registration documents, Adobe Systems paid Rs 5.5 billion for a built-to-suit building in Bengaluru. The structure, which is located in Bellandur's Prestige Tech Park IV, has a super built-up area of approximately 4.1 lakh square feet and consists of two basement floors, ground, and 12 upper storeys. According to the sale reports obtained via data analytics company Propstack, the company receives 640 exclusive parking spaces together with the building, and these spaces are not located in a densely populated region. The US-based manufacturer of multimedia and creativity software intends to concentrate on India's banks, retail businesses, and major organizations. It claimed India was a crucial market last year and bet on programs like Make in India and Digital India to help it enter the next phase of growth there. It also sees prospects in the startup industry as more and more new age businesses depend on its tools to market their offerings. See also: Apex Fund Service acquires 53,592 sq ft office space in PuneCPPIB to infuse Rs 26.5 bn in JV with RMZ to develop office spaces

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement