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GCCs to Drive 40-45% of Office Leasing in India by FY25 | CBRE Report 0

Industry News
May 30, 2024

Global capability centres (GCCs) are set to dominate India’s office leasing market, accounting for 40-45% of leased space in FY25, driven by sectors like engineering, BFSI, and tech. Over 1,900 GCCs will employ 2 million by 2025, highlighting India’s robust talent pool and competitive costs.

How Coworking Space Helps in Minimizing Your Business Expenses 0

Coworking
May 30, 2024

Explore the financial benefits of TRIOS Coworking spaces, from reduced overhead costs to flexible lease terms and access to premium amenities, for minimizing business expenses while maximizing productivity.

EFC India Expands Coworking Space by 3.6 Lakh Sq Ft in Noida and Pune 0

Industry News
May 29, 2024

EFC India has expanded its coworking spaces by adding 3.6 lakh sq ft in Noida and Pune. This expansion boosts their portfolio to over 1.5 million sq ft across 35+ centres in seven states, offering nearly 50,000 seats.

Awfis Space Solutions’ IPO Subscribed 11.40 Times: A New Milestone for Coworking Spaces 0

Industry News
May 28, 2024

Awfis Space Solutions’ IPO was subscribed 11.40 times, reflecting strong investor interest. The Rs 599-crore share sale attracted bids for nearly ten crore shares, with retail investors’ portion subscribed 21.08 times. Proceeds will fund new centres and working capital.

India’s Commercial Real Estate Market | A Lucrative Frontier for Investors 0

Industry News
May 27, 2024

India’s commercial real estate sector is not just booming; it’s on a trajectory for exponential growth. By 2029, its market value is projected to triple, soaring to an impressive $106.05 billion from the current $40.71 billion. The nation’s robust economic expansion, key governmental initiatives like Make in India, and realty sector reforms such as RERA

Awfis Sets Rs 364-383 Price Band for IPO, Eyes Expansion 0

Industry News
May 27, 2024

Awfis Space Solutions announced an IPO price band of Rs 364-383 per share, aiming to raise to Rs 599 crore. The first Indian coworking provider to go public, Awfis plans to use the funds to expand into tier-1 and tier-2 cities. The company reported Rs 616 crore revenue for nine months ending December 2023.

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