Embassy REIT Leases 2.07 Lakh Sq Ft to Cybersecurity Firm Rubrik at Embassy TechVillage
- Industry News
- January 15, 2025
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Nvidia Renews Lease for 375,000 Sq Ft Office in Pune’s Yerwada0
- Industry News
- October 1, 2024
Nvidia has renewed its 10-year lease for 375,000 sq ft of office space in Pune’s Yerwada at Commerzone Tower. The deal includes a 5% annual rent escalation. This renewal underscores Nvidia’s commitment to India’s growing tech landscape, focusing on AI, GPUs, and cloud computing innovations.
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Bangalore’s Top Coworking Spaces | The Ultimate Guide for a Better Work-Life Balance0
- Workspace Solutions
- October 1, 2024
Bangalore’s coworking spaces are thriving, catering to startups, freelancers, and businesses with flexible office solutions. From WeWork to Awfis, discover top options offering creative, collaborative, and professional environments with amenities and pricing tailored for all needs.
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Office Space Absorption Rises 31% in Top Indian Cities in Q3 20240
- Industry News
- September 30, 2024
In Q3 2024, office space absorption in India’s top six cities surged 31% year-on-year, driven by large deals in Bengaluru, Hyderabad, and Pune. The tech and BFSI sectors led demand, with 17.3 million sq ft leased. New Grade A office supply also grew by 33%, reflecting a strong market recovery.
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M3M Leases 220,000 Sq. Ft. to Incuspaze in Gurugram’s M3M Urbana Premium0
- Industry News
- September 30, 2024
M3M has leased 220,000 sq. ft. to Incuspaze at M3M Urbana Premium in Gurugram. This deal reflects rising demand for flexible workspaces, with Incuspaze expanding across India. The flexible workspace market is projected to grow significantly by 2030, offering scalable solutions for businesses. M3M plans to lease 2 million sq. ft. in 2024.
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Flexible Office Space Operators Attract $820 Million in Private Equity Funding Since 20170
- Industry News
- September 30, 2024
India’s flexible office space sector has attracted $820 million in private equity funding since 2017, driven by corporate demand for innovative workspaces. Despite fluctuations, the sector has leased 52.9 million sq ft with a 22% growth rate. The future looks promising, with flexible operators embracing technology and ESG principles.
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India’s Real Estate Market Poised for $10 Trillion Expansion by 20470
- Industry News
- September 27, 2024
India’s real estate market is projected to reach $10 trillion by 2047, contributing up to 20% of the nation’s GDP. Rapid urbanisation, foreign investments, and technological advancements will fuel growth. Sustainability and PropTech will play pivotal roles, with reforms like RERA and REITs driving future Expansion.
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Chevron Leases 300,000 Sq Ft of Commercial Space in Bengaluru’s RMZ Ecoworld0
- Industry News
- September 27, 2024
Chevron Global Technology & Services has leased 300,000 sq ft of office space from RMZ Corporation in Bengaluru for its $1 billion Chevron Engineering and Innovation Excellence Center (ENGINE). This move highlights India’s growing role as a hub for Global Capability Centres (GCCs) and RMZ’s leadership in premium office spaces.
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Ahmedabad Sees 99% Surge in Small Office Space Sales in 20240
- Industry News
- September 27, 2024
Ahmedabad recorded a 99% year-on-year growth in small office space sales, with 0.73 million sq ft transacted in H1 2024. Small offices comprised 44% of total transactions, driven by the city’s thriving business environment. Large and mid-sized spaces also saw significant growth, with development plans boosting future demand.
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India’s Office Space Demand Soars, Reaching 47 Million Sq Ft in 20240
- Industry News
- September 27, 2024
India’s office space demand reached 46.7 million sq ft in the first nine months of 2024, with Bengaluru and Hyderabad leading the leasing activity. Flex spaces and large enterprises drove the surge, while new supply increased by 33% year over year. The tech and BFSI sectors also contributed significantly to the growth.
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About Flex Insights
theflexinsights.com is a platform aiming at being the go-to place for insights, trends and predictions about coworking and flexible workspaces in India. It aims at connecting individuals, businesses and workspaces to create a fostering environment and to propel growth for the overall coworking and flexible workspaces industry within India.
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The BFSI Sector's Strategic Embrace of Flexible Office Spaces
- Leadership
- September 12, 2024
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