Apple is expanding its retail presence in India with a new store in Bengaluru’s Phoenix Mall of Asia, leasing nearly 8,000 square feet for ten years. Following Mumbai and Delhi, this will be Apple’s third Indian outlet. The lease, commencing November 8, 2024, involves an annual rent of Rs 2.09 crore and a revenue-sharing agreement. Apple is expanding its retail presence in India with a new store in Bengaluru’s Phoenix Mall of Asia, leasing nearly 8,000 square feet for ten years. Following Mumbai and Delhi, this will be Apple’s third Indian outlet. The lease, commencing November 8, 2024, involves an annual rent of Rs 2.09 crore and a revenue-sharing agreement.
