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Commercial office space in Bengaluru’s Electronic City leased for ₹70/sq.ft./month, reflecting hybrid work trends.

Shaik Meenu
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Bengaluru, May 2025 — A commercial office space in Electronic City, one of Bengaluru’s premier technology and business hubs, has been leased at ₹70 per square foot per month, marking a noteworthy development in the city's evolving office space market. The deal reflects broader shifts in the workplace ecosystem, driven by hybrid work models that have reshaped how and where companies operate post-pandemic.

A Strategic Return to Offices

Even as remote work continues to play a significant role in daily operations, many companies are gradually re-establishing physical office footprints to accommodate hybrid workforces. Leasing space in Electronic City, with its proximity to tech giants like Infosys, Wipro, and Siemens, offers a strategic blend of affordability, accessibility, and scalability.

“₹70/sq.ft. is a competitive rate for quality office space in peripheral business districts like Electronic City,” said a local commercial real estate consultant. “It’s especially attractive to mid-sized IT and startup firms looking to optimize costs while providing teams with collaborative, in-person work environments.”

Hybrid Work Reshaping Demand Patterns

Unlike the pre-pandemic era, where large, centralized offices in Bengaluru’s CBDs such as Whitefield or Indiranagar dominated demand, today’s firms are increasingly favoring satellite offices or decentralized campuses. This allows them to:

  • Support flexible attendance policies.

  • Reduce commute-related fatigue among employees.

  • Maintain operational efficiency without the overheads of premium locations.

This leasing activity also underscores the increasing popularity of smaller, modular office spaces, designed to accommodate rotating teams and collaborative hubs rather than full-time, in-person occupancy.

Growth in Peripheral Business Districts

As remote and hybrid models become entrenched, peripheral business zones like Electronic City are seeing renewed traction. These areas offer cost savings compared to central locations, improved infrastructure, and access to a growing talent pool in South Bengaluru and beyond.

Developers and landlords are responding by offering more flexible lease terms, plug-and-play office setups, and tech-enabled workspaces that support both in-person and remote collaboration.

Outlook

While full recovery in the commercial office sector remains gradual, deals like the ₹70/sq.ft. lease in Electronic City point toward a recalibrated but optimistic market. The hybrid work trend is no longer a temporary adjustment—it’s shaping long-term real estate strategies, with cost efficiency, employee convenience, and adaptability at the core.