Honeywell Technology Solutions is a subsidiary of the American consumer products conglomerate Honeywell International and is officially headquartered in Bangalore. Its new offices will be in an area of Bangalore known as RMZ Ecoworld, which is named after the India-based real estate development group RMZ.
According to the Economic Times of India, the leasing of 1 million square feet in Bangalore is one of the largest office space deals agreed anywhere in India in recent years, with the banking group Goldman Sachs’ commitment to 1.6 million square feet in Bangalore the only larger deal of late.
Reports suggest Honeywell will pay close to 58 crore rupees annually to rent its new offices in the RMZ Ecoworld complex, which amounts to roughly £5.7 million per annum.
A spokesperson for the company gave a statement saying: “As we continue to be locally invested, we were looking at efficiencies and co-location synergies to enable better optimisation and productivity opportunities. Our plans are in line with long-term direction and strategy and will be taken up in a phased approach.”
RMZ Corp has developed office space and commercial property across India on a huge scale since it began operating in the country in the mid-2000s. Its property portfolio in India is currently valued at around $3 billion, and its office space occupants include high-profile brands like BT, Ford, Google, Ernst & Young and Shell.
Editor’s Notes: In April 2023, about 10 years after we reported the deal, Honeywell Technology Solutions continued to occupy RMZ Ecoworld, having moved in after the scheme’s completion in May 2016, and was neighboured by other high-profile office occupiers, including Accenture, Intel and Intuit, to name just a few.
Ecoworld’s numbers continue to impress, with a total leasable area of 6,700,000 square feet and office floor plates measuring between 30,000 and 86,000 square feet.
Occupiers at the campus enjoy an excellent work-life balance, with close proximity to educational institutes, landscaped public spaces, leisure facilities, restaurants, malls, hospitals, and residential schemes.
The scheme also boasts excellent environmental, social and governance (ESG) credentials with LEED Gold certification and WELL Health and Safety accreditation.
Bangalore officially became Bengaluru on November 1, 2014, coinciding with Karnataka Formation Day (Kannada Rajyotsava).
As of November 2026, Honeywell Technologies’ Bengaluru base was listed as Survey#96&97 Boganahalli Village, Survey#72/2&72/5 Doddakananahalli Village, Varthur Hobli Bengaluru-E, Bengaluru, Bangalore KA 560103 on its website.
However, it was reported in January 2026 that Honeywell had expanded its India Global Capability Centre (GCC) footprint with a nearly 400,000-square-foot lease at RMZ Ecoworld.
The seven-year lease included built-in expansion options, signalling long-term confidence in Bengaluru’s Outer Ring Road tech corridor.