ArcelorMittal Leases 1 Lakh Sq. Ft. in Pune to Set Up Global Capability Centre
- Industry News
- December 16, 2025
JLL has leased a 120,000 sq. ft. facility in Hyderabad’s Financial District to launch its second major capability centre in India, creating 1,600+ skilled roles by 2026. The new hub will deliver advanced analytics, tech-enabled solutions, and strategic operations, reinforcing India’s position as a global powerhouse in real estate innovation.
READ MOREGoogle and the Telangana government have opened the Google for Startups Hub at T-Hub in Hyderabad, offering AI-driven startups a full year of free coworking space, global mentorship, and access to Google’s tech stack. The initiative strengthens the region’s innovation ecosystem and aims to empower founders across Telangana, including tier-2 cities.
READ MOREGlobal demand for flexible workspace grew 24% in H1 2025, driven by hybrid adoption and enterprise expansion. APAC saw exceptional momentum, with Nagpur and Gurugram recording the strongest rise in workspace requirements. Higher yields, improved employee wellbeing, and scalable corporate demand are now redefining the flex market across the region.
READ MOREIndia’s SM REIT market is poised to surpass $75 billion, driven by 500 million sq. ft. of office, retail, and logistics assets. CBRE highlights SM REITs as a game-changing model that offers fractional ownership, improved governance, and broader investor access. SEBI’s regulations and rising institutional interest are accelerating this transformation in commercial real estate.
READ MORESkootr Offices has appointed Sushmita Sinha as Vice President of Sales for Bangalore, strengthening its leadership team amid growing demand for flexible workspace solutions. With experience spanning real estate, research, and corporate strategy, she will lead client engagement, expand leasing operations, and support Skootr’s accelerated growth in India’s dynamic commercial real estate market.
READ MOREOfficebanao appoints real estate veteran Ashish Malhotra as Business Head for North India. With extensive experience at Knight Frank and JLL, Ashish has led landmark office and commercial deals. His strategic leadership and client-focused approach aim to accelerate Officebanao’s expansion and reinforce its presence in the competitive NCR commercial real estate market.
READ MOREA new JLL report highlights Guwahati’s rapid rise as Northeast India’s commercial hub, driven by 80% growth in office stock, major connectivity projects, and strong investor confidence. With expanding BPM and startup activity, better quality of life, and transformational infrastructure, the city is positioned for significant real estate momentum through 2028.
READ MOREJLL has leased two floors at Prestige Skytech in Hyderabad for a monthly rent of ₹64.1 lakh, commencing in April 2026. The five-year lease includes 134 parking slots, a seven-month fit-out period, and a three-year lock-in. The deal highlights Hyderabad’s rising demand for Grade-A workspaces and its expanding GCC ecosystem.
READ MOREUrban Vault has leased 21,000 sq ft of workspace in Bengaluru to Japanese companies Nachi, Pioneer, and Komatsu, strengthening its foothold in the growing GCC market. With a hybrid model that cuts CapEx and OpEx, the firm now serves over 50 GCCs and operates a 2.8 million sq ft pan-India portfolio.
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