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India’s Office Market Booms | Key Drivers and Trends 0
- Industry News
- July 25, 2024
India’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.
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Incuspaze Secures $8 Million Funding for Expansion 0
- Industry News
- July 24, 2024
Incuspaze 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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Nielsen Media and Subsidiary Lease 1.52 Lakh Sq Ft Office Space in Mumbai 0
- Industry News
- July 23, 2024
Nielsen Media and subsidiary Whats On India Media Pvt Ltd have leased 1.52 lakh square feet in Commerz III, Oberoi Gardens, Mumbai, for ₹3.87 crore per month over ten years. The deal includes substantial security deposits and premium car parking facilities.
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Over 65% of Grade A Office Spaces in India’s Top Cities are Green-Certified | Vestian.0
- Industry News
- July 22, 2024
Over 65% of Grade A office spaces in India’s top seven cities are green-certified, with Bengaluru leading in total green space and Chennai boasting the highest percentage. LEED Gold certification is prevalent, reflecting a strong demand for sustainable and flexible office solutions.
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UK Government Buys ₹101 Crore Office Space in Mumbai 0
- Industry News
- July 22, 2024
The UK government’s Secretary of State for Foreign, Commonwealth, and Development Affairs has purchased 12 office units totalling 14,883 sq ft in Mumbai’s One Lodha Place for ₹101.2 crore. The acquisition, signed by Trade Commissioner Harjinder Singh Kang, signifies strategic diplomatic expansion in India.
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COWRKS Expands India Footprint with Four New Centres 0
- Industry News
- July 22, 2024
COWRKS has leased 1.4 lakh square feet of office space in Mumbai and Bengaluru, enhancing its footprint to 15 lakh square feet. The new centres cater to the growing demand for flexible workspaces featuring modern designs and amenities. COWRKS now operates 34 centres across six cities.
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