Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
India’s office spaces are transforming, with flex workspaces, hybrid models, and wellness-focused designs leading. By 2025, coworking spaces will account for 15-20% of demand. Mixed-use developments, resi-mercial spaces, and smart technologies are reshaping real estate, with Tier II cities emerging as key growth hubs for innovation and sustainability.
READ MOREIndia’s flex space sector is thriving, with $820M in funding since 2017 and 52.9M sq. ft. leased. Key players like BHIVE and WeWork India are driving growth through IPO plans, innovation, and expansion. Surging demand from startups to SMEs highlights the sector’s pivotal role in reshaping modern workplaces.
READ MOREIndiQube transitioned to a public limited company, paving the way for its IPO. The coworking leader turned profitable in FY23 with ₹592.41 Cr in revenue and aims to raise ₹1,000–1,500 Cr to scale its dynamic growth.
READ MOREActor Manish Paul rents a 1,200 sq. ft. office in Mumbai’s Andheri West for ₹2 lakh per month, joining Bollywood stars investing in commercial real estate. Celebrities like Madhuri Dixit, Ajay Devgn, and Amitabh Bachchan leverage Mumbai’s high yields, with Grade-A spaces offering 6-8% annual returns in prime locations.
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