Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Tata Realty secures an INR 825 crore loan from IFC for Chennai’s Ramanujan Intellion Park, India’s first IFC EDGE Zero Carbon certified asset. This funding will enhance sustainability, promote green building practices, and support a large workforce in a prime IT corridor, setting a benchmark for eco-friendly commercial spaces in India.
READ MOREBy 2027, India’s Global Capacity Centres (GCCs) are expected to expand their office space to 26 million sq ft, driven by a surge in leasing deals and strategic growth in the IT/ITeS and BFSI sectors. This growth not only underlines India’s pivotal role in global business innovation and talent acquisition but also sets a promising trajectory for the future of these sectors.
READ MORERecognising the coworking sector as an industry can drive growth through tailored tax incentives, especially in tier II and III cities. Promoting sustainability and ensuring access to affordable finance is crucial for its expansion, says Rishi Das, Cofounder of IndiQube.
READ MOREExplore the crucial role of health and wellness in enhancing Productivity within flexible workspaces. Dive into ergonomic designs, mental well-being, and environmental wellness, supported by recent trends and statistics. Learn how fostering a healthy environment can attract and retain members, ensuring long-term success for flex workspaces.
READ MOREIndia’s office market set new records in H1 2024, with 33.5 million sq ft of leasing across top cities. Bengaluru and Delhi-NCR led the surge, which was driven by the high demand for flexible office spaces. Key sectors like tech and finance boosted growth, reflecting robust confidence in the commercial real estate sector.
READ MOREIncuspaze raises $8 million in funding led by the India Inflection Opportunity Fund, boosting its expansion plans across India. The co-working provider’s portfolio spans 3 million sq ft in 18 cities, with plans to enter southern markets. This funding signals a potential IPO and strengthens their market position.
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