India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

WeWork India has signed a 141,392 sq ft managed office lease with Cognizant Technology Solutions India in Chennai. The agreement covers two floors at Embassy Splendid TechZone and offers 2,605 seats. At about ₹14,000 per seat per month, the deal marks WeWork India’s first lease transaction with Cognizant.
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India’s office market is seeing occupiers take a more measured approach to large leasing decisions. Geopolitical uncertainty, artificial intelligence, and evolving workforce models are influencing space strategies, while GCCs continue to drive demand. Flexible workspaces are emerging as a bridge to expansion, keeping the market resilient despite longer decision-making cycles.
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CBRE is establishing its first Indian global Agentic AI Centre of Excellence in Hyderabad, co-anchored with its Dallas team. The centre will target automation of 30 enterprise workflows over 9–12 months. The move reflects CBRE’s wider shift of India operations toward frontend technology and product innovation, strengthening Hyderabad’s GCC proposition.
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ANAROCK has appointed Manish Lala as Executive Director and Head, India – Alternatives & Pune Leasing Advisory. With more than 15 years of banking and real estate experience, he will expand the alternatives platform across healthcare and education while leading Pune’s commercial leasing business and strategic investment mandates.
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