Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
India’s real estate PE investments surged 32% to $4.2 billion in 2024, led by warehousing ($1.9 billion), residential ($1.2 billion), and office sectors. Mumbai dominated with $2 billion investments, while Bengaluru and Hyderabad attracted strong interest. Growth in e-commerce and robust residential demand highlight India’s rising appeal to global investors.
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READ MOREIndia’s office leasing hit 66.4 million sq ft in 2024, driven by Bengaluru’s 21.7 million sq ft absorption. Flex spaces surged with 12.5 million sq ft leased, accounting for 20% of demand. While Chennai and Delhi-NCR saw declines, tech, BFSI, and manufacturing sectors fueled overall growth.
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