Hyderabad's Office Space Absorption Rises 7% to 7.5 Million Sq. Ft. in 2024
- Industry News
- March 24, 2025
Hyderabad’s office space absorption grew by 7% in 2024, reaching 7.5 million sq. ft., driven by Grade-A micro-markets. Despite rental growth, supply constraints pushed vacancy rates to a record 26.5%. The IT-ITeS sector saw a slight dip, while BFSI and coworking expanded. NCR led with a 61% surge in net absorption.
READ MOREThe Delhi-NCR office market saw a 61% surge in demand in 2024, driven by GCCs and the tech sector. Co-working spaces gained traction, while office rentals rose 5%. Despite a 22% drop in new supply, vacancy rates fell. Noida led rental growth, keeping NCR a key business hub.
READ MOREEFC (I) Ltd has expanded its serviced office portfolio with a 26,500 sq. ft. acquisition in Pune, adding 600 seats. This move strengthens its leadership in India’s managed office sector. With substantial financial growth, the company continues to attract investors, offering competitive returns and expanding its market presence.
READ MOREIndia’s real estate market is set for substantial growth, projected to reach $603.4 billion by 2033 at a CAGR of 9%. Key drivers include urbanization, rising incomes, government initiatives, and increased foreign investments. Demand for flexible workspaces and sustainable properties also shapes the industry’s future.
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CH Office in Ahmedabad, designed by Studio Saransh for Cricheroes, redefines tech workspaces with a seamless blend of energy and calm. Featuring an open, flexible layout and bold red accents, it fosters innovation, collaboration, and productivity while embodying the brand’s identity and passion for technology and cricket.
Flexible workspaces rapidly transform the office landscape, offering businesses cost savings, agility, and premium amenities. With India’s flex space stock exceeding 50 million sq. ft. in Q2 2024 and 80% of occupiers planning expansion, the trend signals a shift from traditional leases to scalable, hybrid-ready solutions for modern enterprises.
India’s commercial real estate sector is witnessing a green revolution as businesses prioritise sustainability. With rising demand for eco-friendly offices, developers are focusing on green-certified spaces. Despite slightly higher initial costs, these buildings offer long-term savings, ESG benefits, and government incentives, making them the future of workplace leasing.
Coffee is no longer just a beverage — it’s a daily ritual, a cultural bridge, and a cognitive enhancer backed by neuroscience. This article explores how over 2.25 billion cups consumed each day serve not only to energise individuals but to connect communities, foster innovation, and shape social behaviour. We decode the biochemical magic of caffeine—its effects on attention, mood, and memory—and trace the evolution of coffee culture from Finland’s kahvitauko traditions to the modern coworking cafés of Bengaluru. With a spotlight on India’s growing coffee exports and emerging café economy, this piece offers a panoramic view of how coffee sits at the intersection of lifestyle, science, and society.
The flexible workspace industry is experiencing unprecedented growth, with 20-21% of India’s office market expected to be flexible by 2025. Industry leaders predict AI-driven workspaces, IPOs, suburban expansion, and managed offices leading the way. Read expert insights on what’s shaping the future of work and commercial real estate.
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India’s coworking industry is booming, with tier-2 and tier-3 cities driving expansion. Government initiatives, IPO listings, and rising demand for flexible workspaces fuel growth. Industry leaders predict a transformative phase, with hybrid work models, diversified services, and tech-driven innovations shaping the future of coworking in India.