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Awfis Allocates 1.34 Lakh ESOP Shares Amid Strong Q3 Growth 0

Awfis, India’s top coworking space provider, allotted 1.34 lakh shares under ESOP 2015, raising its paid-up capital to INR 70.96 crore. This follows a 6.16 lakh share allotment in November 2024. The company faces a tax probe while reporting strong Q3 FY25 earnings and revenue growth.

Innov8 Secures Fresh Investment to Fuel Expansion Across India 0

Innov8 Workspaces India, backed by Oyo Hotels and Homes, has secured a fresh investment from InCred Wealth and Investment Services at a valuation of Rs 1,000 crore. Exceeding USD 10 million, the deal will fuel Innov8’s expansion across India, with plans to double its coworking centres to 100 by 2025.

Nukleus Office Solutions Gears Up for SME IPO Launch on February 24 0

Nukleus Office Solutions is launching its SME IPO on February 24 to raise Rs 31.7 crore. The funds will support expansion, technology upgrades, and marketing. Priced at Rs 234 per share, the IPO closes on February 27, with trading on BSE SME beginning on March 4.

India’s Flex Space Market Hits Record 15.3M Sq. Ft in 2024: JLL 0
- Industry News
- February 24, 2025
The flex space sector is now India’s second-largest office leasing contributor, securing 19.8% of gross leasing with a record 15.3 million sq. ft in 2024. Delhi NCR leads, followed by Pune and Bengaluru. Experts emphasize its long-term viability, driven by enterprise demand, sustainability trends, and evolving workspace needs.
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India’s Flexible Workspace Market Surges with 57.5% YoY Growth 0
- Industry News
- February 24, 2025
India’s flexible workspace sector is booming, with gross leasing volume (GLV) surging 57.5% YoY to 12.4 million sq. ft. in 2024, as per Cushman & Wakefield. Bengaluru leads the market, followed by Mumbai and Delhi NCR. Rising hybrid work adoption and enterprise demand fuel the sector’s expansion, with 224,000 flex seats leased, a 44% YoY jump.
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Hyderabad’s Commercial Real Estate Booms with Record Office Space Expansion 0
- Industry News
- February 24, 2025
Hyderabad’s real estate sector is booming, adding 17 million sq. ft. of Grade A/A+ office space in 2024—the fastest expansion in a year. The housing market saw a 14% drop in unsold inventory and a 17% price rise. Coworking demand surged 26%, solidifying Hyderabad as a commercial hub.
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