Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
M3M has leased 220,000 sq. ft. to Incuspaze at M3M Urbana Premium in Gurugram. This deal reflects rising demand for flexible workspaces, with Incuspaze expanding across India. The flexible workspace market is projected to grow significantly by 2030, offering scalable solutions for businesses. M3M plans to lease 2 million sq. ft. in 2024.
READ MOREKolkata’s office market hit record net leasing of 1.5M sq ft in 2024, driven by IT-BPO, BFSI, and consulting demand. Significant deals and robust 2025 supply pipelines position the city as a growing commercial hub, contributing to India’s 89M sq ft office leasing milestone across major cities.
READ MOREKolkata’s office space leasing surged 33% in Q2 2024, reaching 0.4 million sq ft, driven by the tech and BFSI sectors. H1 2024 saw a 23% rise in office transactions and a 6% rent increase. Despite recent stamp duty changes, residential sales grew 25%, with 9,130 units sold.
READ MOREBollywood heartthrob Kartik Aaryan, fresh off a successful 2024 with hits like Chandu Champion and Bhool Bhulaiyaa 3, has kicked off 2025 by making notable additions to his real estate portfolio. The actor has acquired two properties in Mumbai’s bustling Andheri locality—a high-end apartment and a commercial space spanning over 2,000 square feet.
READ MOREKangana Ranaut has purchased a 407 sq ft office space in Mumbai’s Andheri for ₹1.56 crore. This transaction is part of a growing trend of Bollywood stars investing in commercial real estate, with high-profile personalities seeking lucrative returns from office and retail properties in prime locations across Mumbai.
READ MOREJSW Infrastructure invests INR 88 crore to lease 52,690 sq ft of office space in Navi Mumbai’s L&T Seawoods Grand Central complex. This move aligns with the growing trend of leasing for flexibility and supports the company’s expansion amid revenue growth. The acquisition will be finalised by Q3 of this financial year.
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