Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Bollywood celebrities invested nearly ₹400 crore in Mumbai real estate in 2024, with Amitabh Bachchan and Shahid Kapoor leading the pack. From luxury apartments to strategic hubs, their purchases highlight a trend of combining lifestyle, status, and financial growth in India’s premium property market.
READ MOREOfis Square partners with Bollywood star Shraddha Kapoor as its first brand ambassador in India’s coworking sector. With plans to expand 10 million square feet nationwide, Ofis Square aims to mainstream flexible workspaces, targeting entrepreneurs and startups. Kapoor’s endorsement strengthens its vision to lead India’s evolving coworking market.
READ MOREBlackstone Group has acquired Mumbai’s iconic One BKC building in Bandra Kurla Complex for ₹2,500 crore, marking India’s largest commercial real estate deal this year. This acquisition is part of Blackstone’s aggressive expansion in India’s office space market, reflecting the growing demand for premium commercial properties.
READ MOREBlackRock Services India has leased 42,700 sq. ft. of office space in Mumbai’s Worli at Rs 1.1 crore per month. The five-year lease includes a 36-month lock-in period and escalations in rent over time. The office is located in the Altimus Tower by K Raheja Corp.
READ MOREBHIVE Workspace is planning an IPO within two years, focusing on expansion and achieving ₹500 crore in revenue. Check out their growth strategies and plans.
READ MOREBHIVE Workspace has leased 42,000 sq ft from Brigade Group in Bengaluru, expanding its presence in Mahadevapura. The new facility supports 1,200+ seats and features tech-enabled conference rooms. This lease is part of BHIVE’s plan to add 1 million sq ft of managed office space, doubling revenue to ₹348 crore in FY 2024-25.
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