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Apple India leases 12,616 sq ft space at Sky City Mall in Mumbai
CRE Matrix reviews Apple India's lease agreement for two stores in Mumbai and New Delhi, detailing rent and revenue share.
iPhone maker Apple India has taken on lease 12,616 square feet area in Sky City Mall at Borivali East, Mumbai for a minimum monthly rent of ₹17.35 lakh, according to CRE Matrix. Real estate data analytics firm CRE Matrix has reviewed the lease agreement of Apple India, which currently has two stores, one each in Mumbai and New Delhi. Last month, government sources said Apple's investment plans for India are intact and the company proposes to have a major manufacturing base for its products in the country.
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