Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Domestic firms are reshaping India’s office market, now accounting for 46% of total leasing activity. Sectors like BFSI, manufacturing, and tech drive record space demands, while Mumbai and Delhi NCR lead regionally. Strategic consolidation, flex space growth, and policy support fuel this commercial real estate dynamics shift.
READ MOREBhumika Realty has officially entered Gurugram’s commercial real estate market with a new mixed-use development on MG Road. Leveraging over 60 years of experience, the project will feature premium office spaces, retail, and F&B zones to set new standards in quality, design, and urban lifestyle integration.
READ MOREApple is set to open its second Mumbai store at Sky City Mall, Borivali, expanding its retail footprint in India. The move reflects Apple’s growing investment in suburban markets, backed by strategic leases and rising demand. This follows its broader India strategy, including more stores and deeper operational presence nationwide.
READ MOREIndian companies now account for 46% of office leasing in India, up from 35% pre-2020, driven by BFSI, manufacturing, and tech sectors. A JLL report highlights record-high leasing in 2024 and Q1 2025, with Delhi-NCR and Mumbai leading the surge. Leasing volumes may cross 100 million sq. ft soon.
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