The rent for the new location will be less than one-third of the Rs 250 per square foot that Amazon currently pays at Malleswaram West’s World Trade Center (WTC).
Amazon India is gearing up to shift its Bengaluru headquarters from the World Trade Center (WTC) at Malleswaram West to a new office near the city’s airport. Live Mint The report said the move is part of a cost-cutting strategy that includes vacating 500,000 square feet of premium office space spread over 18 floors at the WTC, owned by Brigade Enterprises Ltd.
The relocation has sparked discussions about the challenges of finding new residents for the vacated space and its potential ripple effects on nearby residential property rents.
The new office will be housed in a property owned by Sattva Group, located around 15 minutes from Bengaluru Airport. The rent for the new location will be less than one-third of the Rs 250 per square foot that Amazon currently pays at the WTC. The report, citing sources, said that the transition is scheduled to begin in April 2025 and end by April 2026.
According to a company spokesperson, the upcoming campus will feature modern facilities designed to improve collaboration and enhance the employee experience, though specific details remain under wraps.
However, Brigade Enterprises clarified that Amazon has not yet terminated its lease on the WTC.
According to Live MintA company representative noted that while Amazon had the option to expand into the development on Bellary Road, it has continued to honor its existing lease agreement. The WTC campus is part of Brigade Gateway, a 40-acre mixed-use development that includes residential apartments, a shopping mall, a hospital, a school and a hotel. Proximity to residential units is a significant amenity for many Amazon employees.
The new site, located approximately 20 kilometers from the WTC, presented logistical challenges. Bengaluru’s notorious traffic congestion can take over 80 minutes to travel to the area near the airport during peak hours. Additionally, lack of metro connectivity to the new office may make commuting more difficult, though there are plans for future infrastructure enhancements.
The move has far-reaching implications for Bengaluru’s real estate market. Brigade Enterprises may face difficulties leasing the expanded space vacated by Amazon, potentially reducing demand for nearby residential rentals. On the other hand, the airport corridor may see an increase in commercial activity, as companies such as Infosys, Boeing and Foxconn are already establishing a presence in the area. The full impact of Amazon’s move on workforce, real estate dynamics and the city’s business landscape will be seen in the coming years.