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  • Nippon Life India Invests ₹486 Crore in Premium Mumbai Commercial Space

    Nippon Life India Invests ₹486 Crore in Premium Mumbai Commercial Space0

    Nippon Life India Asset Management invests ₹486 crore in two premium office spaces at One Lodha Place, Lower Parel, Mumbai. The acquisition reflects Mumbai’s rising demand for Grade-A commercial hubs. Backed by Nippon Life Insurance, NAM India strengthens its presence in India’s financial capital, targeting innovation and excellence in real estate expansion.

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  • BHIVE Workspace Expands Footprint with Bengaluru Acquisition

    BHIVE Workspace Expands Footprint with Bengaluru Acquisition0

    BHIVE Workspace partnered with Century Real Estate to acquire 39,753 sq. ft. in Bengaluru for INR 3.54 crore. The premium property on Old Airport Road adds 1,000+ seats, enhancing offerings for startups and enterprises. This expansion supports BHIVE’s aggressive growth strategy, targeting six major cities and redefining India’s coworking landscape with innovation and flexibility.

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  • India Emerges as a Global Hub for GCCs and Innovation

    India Emerges as a Global Hub for GCCs and Innovation0

    India has become a global hub for GCCs, leasing 28.8 million sq ft of office space between Q1 2023 and Q2 2024. Driven by a cost-effective talent pool and world-class infrastructure, GCCs occupy nearly half of India’s prime office inventory, with U.S. firms leading this transformation toward innovation and R&D.

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  • Awfis Space Solutions: IIFL’s Top Bet in Flexible Workspaces

    Awfis Space Solutions: IIFL’s Top Bet in Flexible Workspaces0

    Awfis Space Solutions, India’s leading flexible workspace provider, is set to double its capacity by FY27, driven by strong demand and its innovative managed aggregation model. With a ‘buy’ rating from IIFL Securities, Awfis projects a 33% CAGR in seat additions and 55% EBITDA growth, solidifying its leadership in the booming flex workspace industry.

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  • BFSI and Flex Spaces Propel India’s Office Space Demand in Q3 FY24

    BFSI and Flex Spaces Propel India’s Office Space Demand in Q3 FY240

    BFSI and flex spaces drove 39% of India’s office space absorption in Q3 FY24, while IT-ITeS demand declined. Southern cities dominated, with Bengaluru leading at 36%. Pan-India vacancy dropped to 14.8%, and new completions rose 3%. Hyderabad topped new supply, reflecting robust growth amid evolving workspace trends and economic resilience.

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  • The Evolution of Coworking Spaces | Empowering India’s Startups

    The Evolution of Coworking Spaces | Empowering India’s Startups0

    Coworking spaces are transforming India’s startup landscape by offering flexibility, cost-effective resources, and vibrant communities that foster collaboration. These spaces enable startups to scale seamlessly, connect with industry peers, and optimise resources for growth. As India’s entrepreneurial ecosystem evolves, coworking spaces drive innovation and business success.

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