Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Coworking spaces are transforming India’s startup landscape by offering flexibility, cost-effective resources, and vibrant communities that foster collaboration. These spaces enable startups to scale seamlessly, connect with industry peers, and optimise resources for growth. As India’s entrepreneurial ecosystem evolves, coworking spaces drive innovation and business success.
READ MOREAwfis introduces ‘Elite,’ an ultra-premium coworking solution designed for GCCs, with exclusive features like biophilic pods and wellness zones. Backed by strong financial growth, Awfis is expanding into metro cities while targeting tier-II markets, revolutionizing India’s coworking landscape with innovation and luxury.
READ MOREIndia’s coworking sector is booming, driven by hybrid work models, rising office rents, and IPO activity. Awfis, Smartworks, and DevX lead the IPO wave, while expansion into Tier-II and Tier-III cities signals future growth. Flexible workspaces now account for 15% of leasing, with demand projected to grow 60% by 2028.
READ MOREAwfis Space Solutions will design, build, and manage 1.65 lakh sq ft of office space for NSE in Mumbai’s Adani Inspire building, expanding its footprint in BKC. The deal reflects Awfis’ leadership in the flex space sector, which is driven by rising demand and strong financial growth, including a 40.5% revenue surge.
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