Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Sumadhura Group has launched its coworking brand ‘Workship’ with a 1.3 lakh sq ft centre in Bengaluru’s Whitefield. Targeting corporate clients, the firm plans to expand to 5 lakh sq ft this fiscal. The move taps into rising demand for premium managed workspaces across IT, agri-tech, and pharma sectors.
READ MOREPrime Offices Fund (PRIME), managed by NCW, has acquired the premium Prius Platinum office space in South Delhi for ₹750 crore. The 3 lakh sq ft Grade A property is 95% leased and ESG-compliant. This move strengthens PRIME’s strategy of investing in sustainable, income-generating commercial assets across India.
READ MOREMudhalvar Padaippagam, India’s first government-run coworking space in Chennai, offers modern amenities at ultra-low rates, starting at just Rs 50. It is designed for startups and students and includes workstations, a library, and study zones. Its success has prompted plans to expand across North Chennai and potentially statewide.
READ MOREDLF Group plans to invest Rs 10,000 crore over two years to expand its premium office and retail portfolio, boosting rental income. With 45 million sq ft of commercial assets and key joint ventures, DLF is developing major projects in Gurugram, Noida, and Chennai, capitalising on the growing demand for flexible workspaces.
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