Nvidia Graphics Pvt Ltd, the Indian arm of global chip giant Nvidia, has leased 7.6 lakh square feet of premium office space in Bengaluru as part of its expanding artificial intelligence and research operations in India.
The company has taken twelve floors at Memphis South Tower inside Bagmane Capital, a technology campus developed by Bagmane Constructions Pvt Ltd.
According to property analytics reports, the lease began on April 1 and carries a total rental outflow of around ₹1,230 crore over ten years.
The agreement also reportedly includes a 15 percent rent escalation every three years.
Industry experts said the move reinforces Bengaluru's position as India's leading destination for global technology, semiconductor and AI firms.
The city continues to attract major multinational investments due to its engineering talent pool, mature office market and innovation ecosystem.
Nvidia already has operations across India, including office spaces in Pune, Gurugram, Mumbai and Bengaluru.
The fresh expansion signals the company's long-term commitment to India as AI demand rises worldwide.
Recent market data shows Bengaluru remained India's top office leasing market, accounting for nearly one-fourth of national leasing activity in the January-March quarter.
The technology sector was the biggest contributor to commercial office demand during the same period.
The latest deal is being viewed as more than a real estate transaction. It reflects how Bengaluru is becoming central to the global AI race.
For the city, Nvidia's expansion is another sign that the future of technology is increasingly being built on its soil. expansion.
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