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GCCs Drive India’s Office Leasing with 37% Share0
- Workspace Solutions
- July 18, 2024
Global Capability Centers (GCCs) drive 37% of India’s office leasing, attributed to BFSI and technology firms. Bengaluru, Pune, and Hyderabad lead in leasing, highlighting strategic importance. Diversified tenant demand and flexible office spaces indicate continued growth in India’s commercial real estate.
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Innov8 Launches Three New Coworking Centers in Delhi-NCR0
- Industry News
- July 17, 2024
Innov8 launches three new coworking centres in Delhi-NCR, adding 60,000 sq ft and 1200+ seats in Unitech Cyber Park, DLF Cyber City, and Okhla. These centres offer premium amenities, prime connectivity, and flexible workspace solutions. Innov8 invested Rs 10+ crore in these facilities to foster innovation and collaboration.
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Bengaluru’s Office Space Set to Soar to 340 Million Sq Ft by 20300
- Industry News
- July 17, 2024
Bengaluru’s office space is projected to reach 330-340 million sq ft by 2030, driven by technology, engineering, and BFSI sectors. Currently, at 223 million sq ft, the city leads India in office absorption. Enhanced infrastructure and emerging areas boost growth, while warehousing space hits a record 54 million sq ft.
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India’s Office Space Absorption Hits Record High in 20240
- Industry News
- July 17, 2024
India’s office space absorption hit a record 34.8 million sq. ft. in H1 2024, a 29% increase from 2023. Despite a 32% drop in new supply, vacancy rates fell to 15.9%. Bengaluru led leasing activity, followed by Mumbai and Hyderabad, with strong demand from tech and BFSI sectors.
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Samsung Renews 420,000 Sq Ft Bengaluru Office Lease0
- Industry News
- July 17, 2024
Samsung Research and Development Institute India-Bangalore renews its 420,000 sq. ft. office lease in Bengaluru for five years, with an annual rent of ₹500 million. Despite global vacancy trends, India’s office space demand is growing and is driven by sectors like GCC and BFSI. Samsung’s commitment underscores Bengaluru’s role as a tech hub.
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Skootr Expands Luxurious Office Space in Bengaluru, Nearing 1 Million Square Feet Milestone0
- Industry News
- July 17, 2024
Skootr expands its footprint in Bengaluru with a new 200,000 sq. ft. luxury office space, nearing 1 million sq. ft. in six months. Highlighting Bengaluru’s robust real estate market, Skootr continues its commitment to high-end design and innovation, planning an additional 700,000 sq. ft. of office space.
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The Future of Virtual Offices | Flexibility and Efficiency in Modern Workspaces0
- Workspace Solutions
- July 16, 2024
Discover how virtual offices are revolutionising business operations with cost efficiency, flexibility, and professional advantages, driving the future of coworking spaces.
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Green Buildings: The Future of Real Estate0
- Workspace Designs
- July 15, 2024
Explore the rise of green buildings in the real estate sector, highlighting their environmental, economic, and social benefits. Check out critical parameters like energy efficiency, water conservation, and sustainable materials while examining technological innovations and green building certifications. Case studies and future trends showcase the promise of green buildings in fostering sustainability and resilience in the built environment.
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The Economics of Co-Working: Cost-Efficiency and Business Growth in India0
- Coworking
- July 15, 2024
Co-working spaces in India offer cost-efficient solutions for businesses, including flexible leases and opportunities to enhance productivity and collaboration. These flexible workspaces are crucial in supporting business growth, contributing to the commercial real estate sector, and driving economic impact in India’s business landscape, especially with the increasing trend of flexible work arrangements.
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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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