Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
DevX has launched its second co-working space in Jaipur, expanding its footprint with a new 35,000 sq. ft. centre. This is part of a broader plan to roll out over 2 million sq. ft. across India, emphasizing its commitment to enhancing the managed office space sector and fostering business growth.
READ MOREDev Accelerator Limited is set to expand its coworking spaces through a new IPO, offering 2.47 crore equity shares. The funds will be used to set up new spaces, repay debts, and general corporate purposes. After turning profitable in FY24, the company aims to solidify its position in the flexible workspace market.
READ MOREiSprout’s Pan India Chess Tournament, held across 14 centres with 133 participants, significantly enhanced coworking culture by promoting mental engagement, community spirit, and stress relief. Reecha Saha, Customer Success Manager, shares insights on organising the event and its positive impact, highlighting the potential of such activities in coworking environments.
READ MOREOffice space leasing in India’s major cities surged 44% in Q1, hitting 11.5 million sq ft, led by Mumbai, Bengaluru, and Chennai. Despite declines in some cities, the robust demand suggests a market shift, with a 33% increase in gross leasing, indicating strong corporate expansion trends.
READ MOREDeloitte opens a groundbreaking ‘phygital’ innovation centre in Bengaluru, spanning 12,500 square feet. The centre aims to enhance business efficiency through advanced technologies and collaborative innovation, driving new growth.
READ MOREDeloitte leases 175,000 sq ft in Prestige Trade Tower at Delhi’s Aerocity, marking Prestige Group’s commercial debut in the capital. This move reflects a strong demand for premium office spaces near the airport. The project includes hotel rooms, office spaces, and a convention centre set to boost Aerocity’s business landscape.
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