Tesla Leases Prime Showroom Space in Mumbai's BKC for ₹23.38 Crore
- Industry News
- March 16, 2025
Incuspaze has leased 100,000 square feet at HQ27 in Gurugram, providing over 1,500 premium workspaces in a Grade A facility. The office is equipped with modern amenities, offers strategic connectivity, and features a design focused on sustainability. This expansion enhances Incuspaze’s presence across India, responding to the growing demand for flexible office spaces.
READ MOREWeWork India expands with new leases in DLF Cybercity, Gurugram, and Chennai, adding 3.43 lakh sq ft and over 3,300 desks. Scheduled to open in 2025, the move highlights rising demand for flexible workspaces. With FY24 revenue up 26.7% to ₹1,665 crore, WeWork leads India’s coworking market.
READ MOREWhat are the “hottest” markets for flex in APAC? The Instant Group analysed the top 10 markets for flexible office spaces in 2024, examining year-over-year fluctuations in demand, with data revealing notable demand spikes in Bangalore, Makati, and Hong Kong.
READ MOREInnov8 opens two flagship centers in Navi Mumbai and Andheri, offering 2 lakh sq. ft. of premium flex space with 3,000 seats. Strategically located, they cater to startups, enterprises, and freelancers, fostering productivity with vibrant, future-ready workspaces.
READ MOREBank of America leases 160,000 sq ft in Mumbai’s Powai for ₹3.5 billion, with options to expand to 250,000 sq ft. The 12-year deal reflects growing demand from BFSI Global Capability Centres. This relocation and expansion highlight Mumbai’s rising prominence as a hub for international financial services operations.
READ MOREThe Delhi-Meerut RRTS will transform key stations into vibrant commercial hubs with shopping, dining, and integrated parking facilities. Targeting six stations, the project invites developers to submit proposals by December 27. With 22 stations and reduced travel time to one hour, the 82-km corridor redefines transit-oriented development.
READ MOREDextrus announced its premium workspace launch at Mint, Sahar Plaza, Andheri East, opening September 2025. Spanning 37,000 sq ft, it features bespoke offices, flexible desks, and eco-friendly infrastructure. Strategically located near JB Nagar Metro, it combines luxury, sustainability, and connectivity to create a vibrant professional community.
READ MORECognizant plans to sell its historic 15-acre Chennai headquarters for ₹750-800 crore by December 2024. The move marks a shift to its new India HQ at MEPZ, Tambaram, as part of consolidation efforts. The sale highlights operational streamlining amid challenges like delayed salary hikes and cost optimization initiatives.
READ MOREState Street Corporation leases 250,000 sq. ft. at Mumbai’s BKC for ₹350 crore, establishing a Global Capability Center. The Equinox Business Park deal reflects India’s growing appeal for multinational firms, driven by a skilled workforce and cost benefits. BKC’s premium location sees 99% occupancy, underscoring demand for commercial real estate.
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