Embassy REIT Leases 2.07 Lakh Sq Ft to Cybersecurity Firm Rubrik at Embassy TechVillage
- Industry News
- January 15, 2025
Green innovation is transforming India’s commercial real estate sector, with rising demand for sustainable office spaces. Key trends include energy-efficient buildings, water and waste management, and wellness-focused designs. Green-certified buildings offer higher rental yields and lower operating costs, creating new opportunities for developers and investors in the evolving workspace market.
READ MOREExperion Developers has leased office space at The Milestone Experion Centre (The MEC) to global brands Bata India and MG Motor India for their new Indian headquarters. The MEC, a sustainable, state-of-the-art facility, offers scalability and eco-friendly design, making it an ideal choice for multinational companies in the NCR region.
READ MORESmartworks has leased 450,000 sq ft at Gurugram’s ASF Insignia Campus, expanding its flexible workspace offerings for SEZ and non-SEZ tenants. Zomato has leased 750 seats, and Smartworks plans further growth, including an IPO to raise ₹110 crore. The company reported ₹1,039 crore in revenue for 2023-24.
READ MOREThe Executive Centre (TEC) is investing ₹125 crore to expand its presence in India, adding over 2.6 lakh sq ft across major cities. With new centres in Mumbai, Chennai, Hyderabad, and more, TEC aims to meet the rising demand for flexible workspaces catering to various sectors, including IT, BFSI, and startups.
READ MOREMinimalist Hotels has launched hybrid coworking spaces in Goa, Delhi, and Varanasi. Designed for digital nomads, these spaces blend hospitality with productivity. Offering flexible daily passes and memberships, the initiative reflects the brand’s commitment to catering to modern travellers seeking seamless work-life balance.
READ MOREBHIVE, a flexible office space provider, has signed a landmark deal by leasing over 900 desks to Nuvama, a wealth management firm, at the prestigious Bandra Kurla Complex (BKC) in Mumbai. This move marks BHIVE’s first significant expansion outside its Bengaluru base and strengthens its presence in one of Mumbai’s key business districts. The lease
READ MOREInnov8, India’s leading coworking startup, is entering the managed office space sector with plans to expand by 4 million sq. ft. over three years. With a ₹50 crore investment, Innov8 will focus on premium, customizable workspaces in Grade A buildings, positioning itself as a leader in India’s growing flexible office market.
READ MOREBata India has unveiled its largest eco-friendly headquarters in Gurugram, celebrating 130 years of global excellence. The sustainable office, featuring smart technology and innovative design, promotes collaboration and employee wellbeing while earning Platinum LEED and GRIHA certifications. Bata’s new workspace exemplifies its commitment to sustainability and a future-focused vision.
READ MOREBollywood actor Ajay Devgn has renewed the lease for two commercial units in Mumbai’s Andheri area for ₹4.16 lakh per month. The five-year lease extension adds to Devgn’s growing real estate portfolio, which includes high-value office spaces in Mumbai. It highlights a trend of Bollywood stars investing in commercial properties.
READ MORE