TVS Motor Leases 529,533 Sq Ft Office Space in Bengaluru
Real Estate

TVS Motor Leases 529,533 Sq Ft Office Space in Bengaluru

Chennai-based TVS Motor has leased approximately 529,533 sq ft of super built-up office space at Gardencity IT Park in Hebbal, Bengaluru. The lease has a tenure of 10 years and commenced on September 22, 2026, according to information available on the transaction.

The monthly rent for the property is approximately Rs. 47 mn. The lease was registered last week, while Hebbal Infraspace, owned by Gardencity, is the landlord. The transaction is understood to support the consolidation and expansion of TVS Motor’s office operations in Bengaluru.

Real estate consultancy Colliers advised on the transaction. The company and Gardencity did not respond to email queries seeking details, while Colliers declined to comment.

TVS Motor has its registered office in Chennai and operates manufacturing plants in Hosur, Mysuru and Solan, besides maintaining sales offices across India. The multinational manufacturer produces two- and three-wheeler vehicles and is part of TVS Venu.

The company recorded monthly sales growth of 21 per cent in August 2026, selling 616,540 units compared with 509,536 units in August 2025. Bengaluru remained India’s leading office market, recording lease transactions covering 15.7 mn sq ft during the first nine months of 2026, a 12 per cent year-on-year increase, according to a Colliers India research report.

The city accounted for 29 per cent of office leasing across the top seven Indian cities during the period. New office supply in Bengaluru stood at 14.1 mn sq ft in the first nine months of 2026, rising 19 per cent year-on-year and contributing about one-third of office completions across the leading Indian cities.

Chennai-based TVS Motor has leased approximately 529,533 sq ft of super built-up office space at Gardencity IT Park in Hebbal, Bengaluru. The lease has a tenure of 10 years and commenced on September 22, 2026, according to information available on the transaction. The monthly rent for the property is approximately Rs. 47 mn. The lease was registered last week, while Hebbal Infraspace, owned by Gardencity, is the landlord. The transaction is understood to support the consolidation and expansion of TVS Motor’s office operations in Bengaluru. Real estate consultancy Colliers advised on the transaction. The company and Gardencity did not respond to email queries seeking details, while Colliers declined to comment. TVS Motor has its registered office in Chennai and operates manufacturing plants in Hosur, Mysuru and Solan, besides maintaining sales offices across India. The multinational manufacturer produces two- and three-wheeler vehicles and is part of TVS Venu. The company recorded monthly sales growth of 21 per cent in August 2026, selling 616,540 units compared with 509,536 units in August 2025. Bengaluru remained India’s leading office market, recording lease transactions covering 15.7 mn sq ft during the first nine months of 2026, a 12 per cent year-on-year increase, according to a Colliers India research report. The city accounted for 29 per cent of office leasing across the top seven Indian cities during the period. New office supply in Bengaluru stood at 14.1 mn sq ft in the first nine months of 2026, rising 19 per cent year-on-year and contributing about one-third of office completions across the leading Indian cities.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code