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ANSR leases three lakh sq ft office space in Embassy NXT

Tuesday, 23 Jun 2020

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Global consulting firm ANSR Consulting’s India arm has leased 3,00,000 sq ft space across eight floors in Embassy NXT in Bengaluru, Karnataka.

The company has leased the area from Embassy Office Parks’ commercial project in Embassy Manyata Business Park for tenure of 10 years to expand operations in the country.

The rentals for the lease have been set at Rs 120 per sq ft per month, with the agreement carrying a rental reset clause every three years.

The company has leased this space in addition to its existing 3,50,000 sq ft with Embassy Office Parks, taking its cumulative area to 6,50,000 sq ft. The new office will be operational from October 2020.

The company is looking to hire over 10,000 new employees in the next six months in India and the new office will accommodate around 2,200 of those from October 2020. It already has 67,000 employees in India serving 52 global companies.

ANSR Consulting specialises in research and advisory services, set-up and operation of global capability centres, and execution of development and innovation programmes.