Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
India’s coworking sector is set for a boom, with five IPOs expected to raise over Rs 7,000 crore in the next 18 months. Driven by hybrid work trends, rising demand, and expanding footprints, the flex space market is poised for significant growth, particularly in major cities like Bengaluru and Mumbai.
READ MOREAwfis Space Solutions marks its 10th anniversary, celebrating a decade of reshaping workspaces in India. From one centre in 2015 to over 100 nationwide, Awfis now serves 1,500+ companies. Under Amit Ramani’s leadership, it has evolved into a tech-driven, full-service platform catering to startups, corporates, and hybrid work models.
READ MOREAmazon has renewed its lease for over 94,000 sq ft of office space at Godrej Two in Mumbai’s Vikhroli, committing ₹1.73 crore in monthly rent for five years. Spread across four Amazon entities, this move reinforces the brand’s long-term investment in India’s commercial real estate and the appeal of premium office hubs.
READ MOREGlobal Capability Centers (GCCs) are driving India’s office market boom, accounting for 36% of leasing since 2022. Concentrated in Bengaluru, Hyderabad, and Chennai, demand is led by tech and flexible workspace providers. Sustainability is also rising, with most leasing happening in green buildings—signaling a shift toward agile, eco-conscious workspaces.
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