Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
India’s green building footprint has reached 10.25 billion sq ft, driven by sustainable real estate practices. With innovations like Net Zero Energy Buildings and advanced water recycling, developers are aligning with ESG goals. Green-certified spaces are reshaping urban growth, attracting global investors, and promoting cost-efficiency, resource conservation, and environmental responsibility.
READ MOREHyderabad is expanding its coworking footprint, with IT Minister Sridhar Babu highlighting the city’s affordable, high-quality spaces. The launch of WeWork in central Hyderabad marks a shift from IT hubs in the West, fostering growth for startups and SMEs. The plan is to develop coworking hubs near the ORR to decentralise business opportunities.
READ MOREIndia’s office spaces are transforming, with flex workspaces, hybrid models, and wellness-focused designs leading. By 2025, coworking spaces will account for 15-20% of demand. Mixed-use developments, resi-mercial spaces, and smart technologies are reshaping real estate, with Tier II cities emerging as key growth hubs for innovation and sustainability.
READ MOREIndia’s flex space sector is thriving, with $820M in funding since 2017 and 52.9M sq. ft. leased. Key players like BHIVE and WeWork India are driving growth through IPO plans, innovation, and expansion. Surging demand from startups to SMEs highlights the sector’s pivotal role in reshaping modern workplaces.
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