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

IndiQube reported a strong Q4 FY26 with revenue from operations rising 35.2% year-on-year to ₹401.5 crore while quarterly losses fell nearly 28%. The flexible workspace operator also expanded to 130 centres across 17 cities, reflecting stronger occupancy, improving operating leverage, and continued growth despite rising operating costs.
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ICICI Securities has assigned a target valuation of ₹937 to WeWork India, citing strong growth prospects driven by GCC expansion, AI-led demand, and premium flexible office solutions. The brokerage expects robust revenue and EBITDA growth while highlighting the company’s ambitious plan to expand its portfolio to 11.6 million square feet.
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Rahul Arora has stepped down as Senior Managing Director at JLL India after nearly ten years, marking the end of a significant leadership tenure. His departure comes as India’s commercial real estate advisory sector becomes more institutional, creating fresh opportunities for specialist advisory firms amid sustained office leasing demand and market expansion.
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Embassy Developments will invest ₹1,500 crore to build the first phase of a 6 million sq. ft. office campus in Bengaluru, strengthening its commercial portfolio. Driven by strong GCC demand, the company is also targeting residential sales of ₹8,000 crore and plans to launch housing projects worth ₹20,000 crore this fiscal.
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