Space Creattors Heights Redefining Professional Workspaces with Premier Co-Working Solutions
- Leadership
- April 26, 2024
WeWork India plans a ₹400 crore annual capex to expand by 2 million sq ft annually in major cities. With robust financial growth and strategic funding, it recently launched a 130,000 sq ft workspace in Chennai. Despite WeWork Global’s challenges, WeWork India remains strong, projecting significant future revenue growth.
READ MOREFour major MNCs, including Qualcomm and IBM India, have leased over 870,000 sq. ft. of office space in Hyderabad’s booming IT sector. This surge reflects the city’s robust real estate market and infrastructure development. Hyderabad is solidifying its position as a premier business hub with strong residential and commercial growth.
READ MOREThe Competition Commission of India approved Real Trustee Advisory Co.’s stake acquisition in WeWork India Management. The deal involves Volrado Venture Partners and Embassy Buildcon. WeWork India’s operations remain strong, with notable financial performance despite global uncertainties. This acquisition supports fair competition and the growth of flexible workspaces in India.
READ MOREGoa’s Tourism Minister Rohan Khaunte plans to transform Goa into a digital nomad hub by enhancing internet infrastructure and creating beachside coworking spaces. The initiative aims to boost the local economy and attract high-spending remote workers. Additionally, Goa is advocating for a digital nomad visa to facilitate long-term stays.
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