🚀 Business & Startups🇮🇳 India
HSBC Locks In A Massive 20-Year Bengaluru Campus Deal Worth Over ₹3,000 Crore
mint - companies·Thursday, 2 July 2026
HSBC has signed a letter of intent with Prestige Group for a 1.2 million square foot campus lease in Bengaluru, spanning 20 years and valued at over ₹3,000 crore. The bank plans to consolidate its India Global Capability Centre operations under one roof at Prestige Lakeshore Drive. Move-in is expected next year.
Why It Matters
This is one of the largest GCC real estate deals India has seen, underlining how global banks are doubling down on India for their back-office and tech operations.
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