Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
India’s coworking sector is evolving rapidly, driven by hybrid work, PropTech innovation, ESG priorities, and expansion into Tier 2 and 3 cities. As large enterprises embrace flexible spaces, traditional offices are being reimagined. Innovative, sustainable, and adaptable workspaces are shaping the future of commercial real estate nationwide.
READ MORETesla has leased a flagship showroom in Mumbai’s BKC at a record INR 881/sq ft and a 30-seater office in Kurla to kickstart operations in India. These strategic moves support local hiring, EV sales, and regulatory setup, aligning with India’s electric mobility push and signalling Tesla’s long-term commitment.
READ MOREPune’s office market set new benchmarks in Q1 2025 with 2.07 million sq ft net absorption and a record 3.5 million sq ft gross leasing. Driven by BFSI and flex space demand, the city added 3.2 million sq ft of Grade-A supply, maintaining its position as India’s second-tightest office market.
READ MOREIndia’s office market continued its growth streak in Q1 2025, with vacancy hitting a four-year low of 15.7% amid limited new supply and strong leasing demand. GCCs led activity, net absorption reached 13.4 MSF, and rentals rose—especially in Mumbai—signalling a highly competitive, occupier-driven commercial real estate landscape.
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