Swiggy Ltd has leased 2.62 lakh sq ft of office space at Sumadhura Capitol Towers in Whitefield, Bengaluru, with a total rental outgo of approximately ₹241 crore over a 10-year period, according to property data firm Propstack.
The fresh lease covers the building’s third, fourth, fifth and sixth floors, with a chargeable area of 2,62,350 sq ft and a carpet area of 1,94,140 sq ft. The company will pay a monthly rent of ₹1.79 crore, translating into a rental rate of ₹68 per sq ft.
The lease commenced on November 1, 2025, while the registration took place on November 2, 2026. Swiggy has paid a security deposit of ₹10.75 crore for the property.
The rental agreement includes an escalation clause of 15 per cent every three years over the 10-year tenure, which will increase the company’s rental commitments over the lease period.
The property is owned by Sumadhura Capitol Towers Private Ltd, which is the landlord for the transaction.
The lease adds to the office space commitments of the food and grocery delivery company in Bengaluru, where it is headquartered.
Published on November 14, 2026
