Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
India’s commercial real estate market is set to grow fivefold by 2033, fueled by flexible work trends, green building demand, and strong investor interest. Key cities and emerging tier-2 hubs are driving growth, while sectors like co-working, logistics, and retail evolve to meet new workplace, sustainability, and consumer expectations.
READ MOREAlt.f coworking has launched its first center outside Delhi NCR in Hyderabad’s Nanakramguda Financial District, marking the start of its national expansion. Offering affordable, design-led workspaces for startups, the brand plans three more centers by 2025. Featured on Shark Tank India, alt.f champions a founder-first, self-operated coworking model.
READ MOREIndia’s office space market surged in Q1 2025 with a 34% year-on-year rise in absorption across top cities, led by Bengaluru and Mumbai. Despite slower new supply, demand from GCCs and flexible workspaces remains strong. Vestian predicts continued growth driven by IT, BFSI, and coworking space expansion.
READ MOREBihar’s Urban Development Department has approved the construction of permanent office buildings for 15 municipal bodies, including older councils lacking dedicated spaces. This move aims to streamline urban governance. Municipalities must provide land and approvals, with costs estimated at ₹2.49 crore for councils and ₹4.98 crore for nagar panchayats.
READ MORE