Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
India’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 MOREKerala Startup Mission, with the state tourism department, is launching Freedom Square—a 24/7 coworking and co-creation hub near Technopark. Combining work, wellness, and culture, the five-acre campus aims to foster youth innovation, collaboration, and entrepreneurship, becoming a new model for future-ready, community-driven workspaces in India.
READ MOREHyderabad’s office market is facing a growing vacancy crisis, with new space deliveries outgrowing demand since 2020. With 28 million sq ft now lying vacant, the city tops India’s major markets for unused inventory. Experts suggest flexible leasing and coworking models may help ease the imbalance in the coming months.
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