Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
India’s commercial office rental market is booming, with Mumbai leading a 28% rise and Hyderabad close behind at 24.1%. Driven by Global Capability Centres, BFSI, and tech firms, prime metros show strong demand for Grade A spaces. Investor confidence remains high as India redefines the future of work.
READ MOREOfis Square hosted Knight Frank India at its MG Road centre to explore strategic collaboration in the flexible office sector. The event highlighted the rising demand for agile workspaces driven by hybrid work models. It reinforced both companies’ commitment to innovating India’s commercial real estate landscape through partnership and shared vision.
READ MOREChennai’s government-run co-working space, *Muthalvar Padaipagam*, offers affordable, well-equipped workspaces for entrepreneurs, professionals, and students. With low rates and quality amenities, it supports over 32,000 users in six months, promoting productivity and inclusivity. The success has sparked plans for expansion across Tamil Nadu.
READ MORESustainability is reshaping commercial real estate, shifting from a value-add to a value driver. Green-certified buildings now command higher rents and investor interest, while renewable energy and eco-friendly design cut costs and boost performance. With financial incentives and rising demand, sustainability is essential for long-term profitability and urban resilience.
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