{"id":7708,"date":"2025-09-20T08:05:25","date_gmt":"2025-09-20T08:05:25","guid":{"rendered":"https:\/\/housiey.com\/blogs\/?p=7708"},"modified":"2025-11-20T09:42:14","modified_gmt":"2025-11-20T09:42:14","slug":"iphone-17-launch-in-india-apple-store-sizes-locations-and-rents-revealed","status":"publish","type":"post","link":"https:\/\/housiey.com\/blogs\/iphone-17-launch-in-india-apple-store-sizes-locations-and-rents-revealed","title":{"rendered":"iPhone 17 Launch in India: Apple Store Sizes, Locations, and Rents Revealed"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The iPhone 17 series has finally hit Indian shelves, and as expected, Apple stores across the country are witnessing a frenzy of eager buyers. From dawn, long queues snaked outside Apple outlets, with customers hoping to get their hands on the new iPhone 17, iPhone 17 Pro Max, and iPhone Air. But beyond the excitement of the launch lies another intriguing story\u2014the scale of Apple\u2019s retail presence in India and the hefty rentals these iconic stores demand.<br \/>\n<\/span><\/p>\n<blockquote><p><em><strong>Also Read:-<a href=\"https:\/\/housiey.com\/blogs\/blogs\/nora-fatehi-house-address-price-interior-trending-news\">Nora Fatehi House: Address | Price | Interior | Trending News<\/a><\/strong><\/em><\/p><\/blockquote>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_76 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/housiey.com\/blogs\/iphone-17-launch-in-india-apple-store-sizes-locations-and-rents-revealed\/#Apples_Flagship_Mumbai_Store_Indias_Most_Expensive_Retail_Deal\" >Apple\u2019s Flagship Mumbai Store: India\u2019s Most Expensive Retail Deal?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/housiey.com\/blogs\/iphone-17-launch-in-india-apple-store-sizes-locations-and-rents-revealed\/#Bengaluru_Store_Apples_Southern_Expansion\" >Bengaluru Store: Apple\u2019s Southern Expansion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/housiey.com\/blogs\/iphone-17-launch-in-india-apple-store-sizes-locations-and-rents-revealed\/#Delhi_Store_Premium_Pricing_in_the_Capital\" >Delhi Store: Premium Pricing in the Capital<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/housiey.com\/blogs\/iphone-17-launch-in-india-apple-store-sizes-locations-and-rents-revealed\/#Indias_iPhone_Fever_and_Apples_Bold_Bet\" >India\u2019s iPhone Fever and Apple\u2019s Bold Bet<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Apples_Flagship_Mumbai_Store_Indias_Most_Expensive_Retail_Deal\"><\/span><b>Apple\u2019s Flagship Mumbai Store: India\u2019s Most Expensive Retail Deal?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In December 2024, Apple India made headlines when it signed one of the costliest commercial leases in the country. The company secured 6,526 sq ft of prime retail space at Maker Maxity-5 in Mumbai\u2019s Bandra Kurla Complex (BKC).<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Rent:<\/b><span style=\"font-weight: 400;\"> \u20b9738 per sq ft per month<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Total Monthly Outgo:<\/b><span style=\"font-weight: 400;\"> \u20b948.19 lakh<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Security Deposit:<\/b><span style=\"font-weight: 400;\"> \u20b94.33 crore<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Lease Tenure:<\/b><span style=\"font-weight: 400;\"> 5 years with lock-ins until 2027 and 2028<\/span><\/li>\n<\/ul>\n<p>This isn\u2019t Apple\u2019s only bet in Mumbai. The company has also leased 12,616 sq ft of retail space in Borivali at a monthly rent of \u20b917.35 lakh as it gears up to open its second store in Maharashtra.<\/p>\n<blockquote><p><em><strong>Also Read:-<a href=\"https:\/\/housiey.com\/blogs\/blogs\/web-stories\/virat-kohli-house-address-interior-cars-trending-news\">Virat Kohli House: Address | Interior | Cars | Trending News<\/a><\/strong><\/em><\/p><\/blockquote>\n<h2><span class=\"ez-toc-section\" id=\"Bengaluru_Store_Apples_Southern_Expansion\"><\/span><b>Bengaluru Store: Apple\u2019s Southern Expansion<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>On September 2, 2025, Apple opened its third store in India at Phoenix Mall of Asia in Hebbal, North Bengaluru. Spanning 7,997.8 sq ft, this outlet comes with a long-term lease agreement.<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Lease Tenure:<\/b><span style=\"font-weight: 400;\"> 10 years, signed in November 2024<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Rent:<\/b><span style=\"font-weight: 400;\"> \u20b92.09 crore annually (payments began August 2025)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Security Deposit:<\/b><span style=\"font-weight: 400;\"> \u20b91.046 crore<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Escalation Clause:<\/b><span style=\"font-weight: 400;\"> 15% increase every three years<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Revenue Sharing Model:<\/b><span style=\"font-weight: 400;\"> 2% of revenue for the first 36 months, 2.5% thereafter (capped at 2x the yearly rent)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Landlord:<\/b><span style=\"font-weight: 400;\"> Sparkle One Mall Developers Pvt Ltd<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The combination of fixed rent and revenue-sharing reflects Apple\u2019s confidence in the growing premium retail market in South India.<\/span><\/p>\n<blockquote><p><em><strong>Also read:-<a href=\"https:\/\/housiey.com\/blogs\/blogs\/akshay-kumar-house-address-price-interior-trending-news\">Akshay Kumar House: Address | Price | Interior | Trending News<\/a><\/strong><\/em><\/p><\/blockquote>\n<h2><span class=\"ez-toc-section\" id=\"Delhi_Store_Premium_Pricing_in_the_Capital\"><\/span><b>Delhi Store: Premium Pricing in the Capital<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Apple\u2019s Delhi outlet is housed in Select Citywalk Mall, Saket, covering around 8,400 sq ft of carpet area on the first floor. While smaller than Mumbai\u2019s flagship, the Delhi store comes with surprisingly higher rentals.<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Monthly Rent:<\/b><span style=\"font-weight: 400;\"> ~\u20b940 lakh<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Comparison:<\/b><span style=\"font-weight: 400;\"> Apple pays around \u20b942 lakh for <\/span>20,000 sq ft<span style=\"font-weight: 400;\"> in Mumbai\u2014making the Delhi store significantly costlier on a per sq ft basis.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The lack of exclusivity\u2014given its location inside a busy mall\u2014adds another layer of contrast when compared to the grandeur of Mumbai\u2019s BKC flagship outlet.<\/span><\/p>\n<blockquote><p><em><strong>Also read:-<a href=\"https:\/\/housiey.com\/blogs\/blogs\/sundar-pichai-house-address-price-interior-trending-news\">Sundar Pichai House: Address | Price | Interior | Trending news<\/a><\/strong><\/em><\/p><\/blockquote>\n<h2><span class=\"ez-toc-section\" id=\"Indias_iPhone_Fever_and_Apples_Bold_Bet\"><\/span><b>India\u2019s iPhone Fever and Apple\u2019s Bold Bet<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The launch of the iPhone 17 series underlines Apple\u2019s rising brand power in India. With record-breaking queues, high-value leases, and premium retail experiences, Apple is betting big on the Indian consumer\u2019s growing appetite for luxury technology.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As the company continues to expand its footprint\u2014from Delhi to Mumbai and Bengaluru\u2014India is fast emerging as one of Apple\u2019s most important global markets.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The iPhone 17 series has finally hit Indian shelves, and as expected, Apple stores across the country are witnessing&hellip;<\/p>\n","protected":false},"author":5,"featured_media":7713,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[70],"tags":[3263,3260,3259,3261,3262],"class_list":["post-7708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","tag-apple-india-expansion","tag-apple-store-india","tag-iphone-17-launch","tag-iphone-17-price","tag-iphone-17-release-date"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.4 (Yoast SEO v26.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>iPhone 17 Launch in India: Apple Store Sizes, Locations, and Rents Revealed<\/title>\n<meta name=\"description\" content=\"Apple\u2019s iPhone 17 launch sparks frenzy across India\u2014take a peek inside Mumbai, Delhi &amp; Bengaluru Apple stores and the massive rents they command\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/housiey.com\/blogs\/iphone-17-launch-in-india-apple-store-sizes-locations-and-rents-revealed\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"iPhone 17 Launch in India: Apple Store Sizes, Locations, and Rents Revealed\" \/>\n<meta property=\"og:description\" content=\"Apple\u2019s iPhone 17 launch sparks frenzy across India\u2014take a peek inside Mumbai, Delhi &amp; Bengaluru Apple stores and the massive rents they command\" \/>\n<meta property=\"og:url\" content=\"https:\/\/housiey.com\/blogs\/iphone-17-launch-in-india-apple-store-sizes-locations-and-rents-revealed\" \/>\n<meta property=\"og:site_name\" content=\"Blogs\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/share\/16e5bbCuix\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-20T08:05:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-11-20T09:42:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/housiey.com\/blogs\/wp-content\/uploads\/2025\/09\/iPhone-17-Launch-in-India.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"672\" \/>\n\t<meta property=\"og:image:height\" content=\"515\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"L. 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Sadriwala","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/housiey.com\/blogs\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/c83e913e9d76aba604baef16e02f3c8a05d850f8e1719ebbcc007841594d215f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c83e913e9d76aba604baef16e02f3c8a05d850f8e1719ebbcc007841594d215f?s=96&d=mm&r=g","caption":"L. Sadriwala"},"description":"L. Sadriwala, the Editor-in-Chief at Housiey, is a seasoned writer whose professional journey in content creation began in 2015. With a background rooted in a family of real estate developers, her transition into real estate writing was a natural evolution, bringing together her storytelling expertise and deep industry understanding. Over the years, she has authored impactful blogs across diverse niches such as food, travel, and lifestyle, before establishing her reputation as a trusted voice in Indian real estate. Today, her work stands out for its clarity, accuracy, and ability to simplify complex property concepts for readers. At Housiey, every article crafted by L. Sadriwala reflects thorough research, verified facts, and a reader-first approach. From decoding housing policies and trends to offering in-depth builder reviews and project insights, her mission is clear: to empower homebuyers and investors with the knowledge they need to make confident property decisions. Her writing not only informs but also builds trust, making her one of the most credible editorial voices in the real estate space.","gender":"Female","knowsAbout":["Content Writer"],"knowsLanguage":["English","Hindi"],"jobTitle":"Content Writer","worksFor":"L. Sadriwala","url":"https:\/\/housiey.com\/blogs\/author\/l-sadriwala"}]}},"jetpack_featured_media_url":"https:\/\/housiey.com\/blogs\/wp-content\/uploads\/2025\/09\/iPhone-17-Launch-in-India.jpg","_links":{"self":[{"href":"https:\/\/housiey.com\/blogs\/wp-json\/wp\/v2\/posts\/7708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/housiey.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/housiey.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/housiey.com\/blogs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/housiey.com\/blogs\/wp-json\/wp\/v2\/comments?post=7708"}],"version-history":[{"count":1,"href":"https:\/\/housiey.com\/blogs\/wp-json\/wp\/v2\/posts\/7708\/revisions"}],"predecessor-version":[{"id":7716,"href":"https:\/\/housiey.com\/blogs\/wp-json\/wp\/v2\/posts\/7708\/revisions\/7716"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/housiey.com\/blogs\/wp-json\/wp\/v2\/media\/7713"}],"wp:attachment":[{"href":"https:\/\/housiey.com\/blogs\/wp-json\/wp\/v2\/media?parent=7708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/housiey.com\/blogs\/wp-json\/wp\/v2\/categories?post=7708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/housiey.com\/blogs\/wp-json\/wp\/v2\/tags?post=7708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}