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American Express Opens Largest Global Office in India 0
- Industry News
- July 26, 2024
American Express opens its largest global office in Gurugram, India, spanning one million square feet. The LEED Gold-certified campus focuses on sustainability, health, and wellness and aims to enhance innovation. The new facility supports all company divisions and underscores AmEx’s commitment to leveraging local talent and expanding in India.
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Amazon India’s Headquarters Relocation to Cut Costs Significantly 0
- Industry News
- November 25, 2024
Amazon India is relocating its Bengaluru headquarters to reduce costs, saving nearly ₹8 crore annually on rent. The move affects 5,000 employees and raises challenges for landlord Brigade Enterprises. Meanwhile, Amazon’s logistics and payments units show steady growth, and its wholesale division reduces losses amid stricter FDI regulations in India.
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Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space 0
- Industry News
- June 20, 2024
Amazon is expanding its presence in Bengaluru by leasing 1.1 million sq ft of office space from Sattva Group to house over 7,000 employees. This expansion is located near the international airport and is part of Amazon’s broader growth strategy in major Indian cities.
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Ajay Devgn Renews Lease for Mumbai Commercial Property at ₹4.16 Lakh Monthly 0
- Industry News
- October 18, 2024
Bollywood actor Ajay Devgn has renewed the lease for two commercial units in Mumbai’s Andheri area for ₹4.16 lakh per month. The five-year lease extension adds to Devgn’s growing real estate portfolio, which includes high-value office spaces in Mumbai. It highlights a trend of Bollywood stars investing in commercial properties.
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Airbus Expands India Presence with 650,000 Sq Ft Global Capability Centre 0
- Industry News
- December 23, 2024
Airbus has leased 650,000 sq ft in Bengaluru’s Titanium Tech Park to establish a Global Capability Centre, with a scalability of 800,000 sq ft. Valued at ₹500 crore, this 10-year lease supports Airbus’s innovation efforts in India’s booming aviation market, reinforcing its long-term commitment to the region.
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AI and Robotics Drive Office Space Demand in Bengaluru in Q2 2024 0
- Industry News
- August 9, 2024
AI and robotics firms led office space absorption in Bengaluru in Q2 2024, contributing 21% to the city’s total. The IT-ITeS sector dominated with 69% overall absorption. Nationwide, office space demand surged, driven by strong economic performance. New completions rose significantly, particularly in Mumbai and Bengaluru.
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