Flexinsights.com is a platform aiming at being the go-to place for insights, trends and predictions about coworking and flexible workspaces in India. It aims at connecting individuals, businesses and workspaces to create a fostering environment and to propel growth for the overall coworking and flexible workspaces industry within India.
Cognizant plans to sell its historic 15-acre Chennai headquarters for ₹750-800 crore by December 2024. The move marks a shift to its new India HQ at MEPZ, Tambaram, as part of consolidation efforts. The sale highlights operational streamlining amid challenges like delayed salary hikes and cost optimization initiatives.
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State Street Corporation leases 250,000 sq. ft. at Mumbai’s BKC for ₹350 crore, establishing a Global Capability Center. The Equinox Business Park deal reflects India’s growing appeal for multinational firms, driven by a skilled workforce and cost benefits. BKC’s premium location sees 99% occupancy, underscoring demand for commercial real estate.
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Indian BPOs are expanding to the Philippines, attracted by Metro Manila’s low prime office rents, averaging $29.64 per sq ft. With office stock doubling in a decade and refurbished POGO spaces ready for quick use, the Philippines offers cost-effective options, positioning itself as a prime outsourcing destination.
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Microsoft acquires 121,000 sq yards of land near Hyderabad for ₹181.25 crore, expanding its data centre footprint in India. Microsoft bolsters its cloud infrastructure with recent land purchases in Hyderabad and Maharashtra. It also grows its flexible office presence to 400,000 sq ft, reinforcing its long-term commitment to India.
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theflexinsights.com is a platform aiming at being the go-to place for insights, trends and predictions about coworking and flexible workspaces in India. It aims at connecting individuals, businesses and workspaces to create a fostering environment and to propel growth for the overall coworking and flexible workspaces industry within India.
Vatika towers, Golf course road, Gurgaon
India
