Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Bengaluru led India’s office leasing surge in 2024, with a 56% YoY growth, absorbing 16.4 million sq ft from January-September. Across nine key cities, total office leasing hit 53.8 million sq ft, driven by tech, e-commerce, and flexible space operators. Office leasing is projected to reach 70 million sq ft by year-end.
READ MOREBengaluru leads India’s flexible workspace market, accounting for 31% of the total Grade A flex supply, with 58 million sq ft across top cities. Driven by hybrid work models and high demand from the IT sector, flexible spaces now make up 11-13% of nationwide office space demand, according to Cushman & Wakefield.
READ MOREBata India has unveiled its largest eco-friendly headquarters in Gurugram, celebrating 130 years of global excellence. The sustainable office, featuring smart technology and innovative design, promotes collaboration and employee wellbeing while earning Platinum LEED and GRIHA certifications. Bata’s new workspace exemplifies its commitment to sustainability and a future-focused vision.
READ MOREBank of America leases 160,000 sq ft in Mumbai’s Powai for ₹3.5 billion, with options to expand to 250,000 sq ft. The 12-year deal reflects growing demand from BFSI Global Capability Centres. This relocation and expansion highlight Mumbai’s rising prominence as a hub for international financial services operations.
READ MOREBangalore’s coworking spaces are thriving, catering to startups, freelancers, and businesses with flexible office solutions. From WeWork to Awfis, discover top options offering creative, collaborative, and professional environments with amenities and pricing tailored for all needs.
READ MOREDiscover Awfis, a leading workspace provider offering innovative solutions for SMEs, startups, and corporates in 17 cities. Shape the future of work with awfis flexible and tailored workspace options!
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