Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
India’s REIT market holds immense untapped potential, with only 23% of its 520 million sq. ft. of REIT-worthy office space currently listed. As leasing activity surges and older office stock is upgraded, cities like Bengaluru, Hyderabad, and Delhi-NCR are becoming key hubs for future REIT expansion, Anarock Research reports.
READ MOREStudio Saransh unveils ‘Oasis,’ a serene, nature-immersed architecture studio on the outskirts of Ahmedabad. Built with local materials and guided by vernacular principles, the workspace redefines office design, where courtyards, water bodies, and sunlit walkways encourage collaboration, contemplation, and connection with nature. Oasis is a living, working campus in motion.
READ MOREIn preparation for the Central Vista relocation, Central Government offices have cleared over 676 lakh sq ft of space—equivalent to 1,000 football fields—since 2021 under the Swachhta campaign. Backed by digital transformation, the drive has generated over ₹3,100 crore from scrap sales and significantly reduced file pendency.
READ MOREIndia’s office real estate market is set to grow steadily, driven by 15–20 high-activity micro markets across top cities. According to Colliers, these zones will account for over 80% of future demand and supply, led by expanding infrastructure, emerging flex space needs, and continued interest from global capability centres.
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