Tesla Leases Prime Showroom Space in Mumbai's BKC for ₹23.38 Crore
- Industry News
- March 16, 2025
Goa boosts digital nomad appeal with free Wi-Fi and coworking spaces, while Treebo launches Medalio for mid-market travellers. Indian arrivals to Thailand surpass pre-pandemic levels, driven by extended visa waivers. Paytm reports concert travel growth, and Oberoi’s RISE program aims to upskill 2,000 hospitality trainees annually by 2025.
READ MOREIndia’s real estate PE investments surged 32% to $4.2 billion in 2024, led by warehousing ($1.9 billion), residential ($1.2 billion), and office sectors. Mumbai dominated with $2 billion investments, while Bengaluru and Hyderabad attracted strong interest. Growth in e-commerce and robust residential demand highlight India’s rising appeal to global investors.
READ MOREPINCODE, an innovative shipping container workspace in Ahmedabad, combines industrial design with sustainability. Designed by Salt Studio, it offers energy efficiency, flexibility, and a seamless blend of architecture and nature.
READ MOREExplore India’s top 10 cities for remote work this winter, from Bengaluru’s tech hubs to Goa’s beachside coworking. With vibrant cultures, reliable internet, and inspiring settings, these destinations redefine work-life balance.
READ MOREIndia’s office leasing hit 66.4 million sq ft in 2024, driven by Bengaluru’s 21.7 million sq ft absorption. Flex spaces surged with 12.5 million sq ft leased, accounting for 20% of demand. While Chennai and Delhi-NCR saw declines, tech, BFSI, and manufacturing sectors fueled overall growth.
READ MOREThe UK Consulate purchased 12 office units in Mumbai’s One Lodha Place for ₹101.2 crore. The space, which spans 14,883 sq ft, will relocate the British Deputy High Commission from Bandra East to Lower Parel. Strategically located in a prime business hub, the deal underscores Mumbai’s appeal for global investments.
READ MOREIndia’s office space market saw remarkable growth in 2024, with gross leasing across six major cities rising 14% year-on-year to an all-time high of 66.4 million square feet, according to Colliers India. The surge in demand highlights the resilience and dynamism of the commercial real estate sector, driven largely by technology firms, engineering and manufacturing companies, and financial services providers.
READ MOREIndia’s office market thrives in 2024, with leasing surpassing 47 million sq ft by Q3 and flex spaces rising to 20% of demand. Tier-II cities gain traction, rentals grow by 5-10%, and sustainability drives new developments. Projections for 2025 include solid growth, GCC expansion, and broader sector participation.
READ MOREMyBranch celebrates its presence in the 75th city by opening a new branch in Ambala Cantt, Haryana, solidifying its leadership in flexible office solutions. Spanning 5,800 sq ft, the facility offers modern amenities catering to IT, BFSI, and more industries. With a footprint in all 28 states, MyBranch plans further expansion, adding 50,000 sq ft soon.
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