Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Explore the transformation of flexible offices in India, from niche market to recognized industry. Learn how technology, service-oriented approaches, and user-centric models are driving growth and reshaping the future of workspaces. Discover strategies for sustainability and expansion in this evolving sector.
READ MOREIndia Inc. is increasingly adopting flexible workspaces, with 58% of companies expected to allocate over 10% of their office portfolios to these spaces by 2026. Domestic occupiers lead this trend, driven by skilled workers and cost efficiencies. Major firms plan significant portfolio expansions, favouring an office-first approach.
READ MOREDiscover top content marketing strategies for coworking spaces in 2024. Learn how to understand your audience, create valuable content, leverage SEO, and build a solid community to enhance brand visibility and attract more members. Explore effective tactics to stay competitive and achieve sustained growth in the coworking industry.
READ MOREIndia’s commercial real estate surged in 2024, with 52 million sq ft Grade-A office absorption, led by Gurugram and Noida. Infrastructure projects like Dwarka Expressway and Noida International Airport boosted demand for premium office and retail spaces. Strong corporate interest positions these regions for continued growth in 2025.
READ MORECognizant plans to sell its historic 15-acre Chennai headquarters for ₹750-800 crore by December 2024. The move marks a shift to its new India HQ at MEPZ, Tambaram, as part of consolidation efforts. The sale highlights operational streamlining amid challenges like delayed salary hikes and cost optimization initiatives.
READ MORECognizant is selling its Chennai headquarters, valued at ₹750-800 crore, as part of its plan to consolidate operations at its MEPZ campus. The 15-acre property has been Cognizant’s base for two decades. The sale, managed by JLL, follows the company’s broader operational shift and ongoing legal challenges.
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