Welspun to Develop India's Tallest Urban Distribution Center in Thane
- Industry News
- December 20, 2024
Welspun partners with WTCA to develop India’s tallest mixed-use urban distribution centre in Thane. Spanning 1 million sq ft across 14 levels, this ₹800 crore project integrates retail, office spaces, F&B, and logistics, setting new benchmarks for urban commercial real estate and sustainable infrastructure.
READ MOREIncuspaze has leased 100,000 square feet at HQ27 in Gurugram, providing over 1,500 premium workspaces in a Grade A facility. The office is equipped with modern amenities, offers strategic connectivity, and features a design focused on sustainability. This expansion enhances Incuspaze’s presence across India, responding to the growing demand for flexible office spaces.
READ MOREWeWork India expands with new leases in DLF Cybercity, Gurugram, and Chennai, adding 3.43 lakh sq ft and over 3,300 desks. Scheduled to open in 2025, the move highlights rising demand for flexible workspaces. With FY24 revenue up 26.7% to ₹1,665 crore, WeWork leads India’s coworking market.
READ MOREWhat are the “hottest” markets for flex in APAC? The Instant Group analysed the top 10 markets for flexible office spaces in 2024, examining year-over-year fluctuations in demand, with data revealing notable demand spikes in Bangalore, Makati, and Hong Kong.
READ MOREAmritsar is evolving into a promising hub for local sales offices. With affordable real estate, strategic connectivity, skilled talent, and flexible workspaces like MyBranch, the city offers businesses a gateway to northern markets. Supported by pro-business policies and cultural vibrancy, Amritsar is primed for regional expansion and modern workplace innovation.
Awfis introduces ‘Elite,’ an ultra-premium coworking solution designed for GCCs, with exclusive features like biophilic pods and wellness zones. Backed by strong financial growth, Awfis is expanding into metro cities while targeting tier-II markets, revolutionizing India’s coworking landscape with innovation and luxury.
IndiQube’s success story combines a deep commitment to employee well-being and sustainability, driving profitable growth in India’s flexible workspace market. Learn how they’re leading the industry.
Flexible office spaces rapidly grow as businesses seek adaptable, short-term solutions in the post-pandemic era. With increasing demand from startups and corporations, these spaces promote collaboration and productivity. By 2025, 50% of companies plan to allocate 10% of their office portfolios to flexible workspaces.
Ashish Agarwal transformed a delayed job offer into Enzyme Office Spaces, a ₹60 crore venture redefining workspaces for startups. With 1.1 million sq. ft. in nine years, Enzyme offers affordable, collaborative spaces. Now expanding to Delhi-NCR and Pune, Ashish aims for ₹100 crore revenue, inspiring the startup community with innovation and resilience.
This article explores how CRE Matrix addresses key challenges in India’s commercial real estate market, such as lack of transparency and data fragmentation. It highlights the rise of flexible workspaces, sustainability trends, and the growing importance of data-driven decision-making in shaping the industry’s future.
Coworking spaces are transforming India’s startup landscape by offering flexibility, cost-effective resources, and vibrant communities that foster collaboration. These spaces enable startups to scale seamlessly, connect with industry peers, and optimise resources for growth. As India’s entrepreneurial ecosystem evolves, coworking spaces drive innovation and business success.
India’s coworking sector is booming, driven by hybrid work models, rising office rents, and IPO activity. Awfis, Smartworks, and DevX lead the IPO wave, while expansion into Tier-II and Tier-III cities signals future growth. Flexible workspaces now account for 15% of leasing, with demand projected to grow 60% by 2028.