Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Knight Frank said India’s flexible office space sector has attracted $820 million in private equity funding since 2017. The sector grew strongly despite pandemic-related fluctuations, with a 22% CAGR and 52.9 million sq ft leased. Demand for flexible workspaces is driven by corporate focus on employee well-being and innovation.
READ MORETable Space, a leading Indian managed workspace provider, is targeting a $2.5 billion valuation for its 2025 IPO. With over 60 centres and major clients like Google and Apple, the company plans to nearly double its 9.5 million sq ft footprint within three years, despite global coworking market challenges.
READ MOREIndiQube’s success story combines a deep commitment to employee well-being and sustainability, driving profitable growth in India’s flexible workspace market. Learn how they’re leading the industry.
READ MORELearn expert tips for incorporating Indian crafts into modern interiors. From handcrafted furniture to textiles and lighting, transform your space with these five creative ideas.
READ MORETidel Park Trichy is set to triple its IT office space with a ₹315.2 crore project, adding 5.5 lakh sq ft in phase one. This expansion, alongside private developers’ contributions, will position Trichy as an emerging IT hub, offering low operational costs and access to a growing talent pool.
READ MOREIndia’s Grade A office leasing surged 23% in the first three quarters of 2024, totalling 46.7 million sq ft. Bengaluru and Hyderabad led the market, with significant technological and BFSI sectors demand. Large deals dominated leasing, while flex space operators accounted for 20% of overall demand.
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