Embassy REIT Leases 2.07 Lakh Sq Ft to Cybersecurity Firm Rubrik at Embassy TechVillage
- Industry News
- January 15, 2025
Explore the transformative power of coworking spaces that foster innovation, flexibility, and community. Strategic design, technology integration, and community building that enhance productivity and well-being while adapting to hybrid work models and incorporating wellness programs to redefine modern workspaces.
READ MOREIndia’s startup ecosystem is driving the commercial real estate market, with significant growth in Tier II and III cities. Startups are increasing demand for flexible workspaces, fostering technological advancements, promoting sustainability, and transforming the real estate landscape.
READ MOREBHIVE Workspace is planning an IPO within two years, focusing on expansion and achieving ₹500 crore in revenue. Check out their growth strategies and plans.
READ MOREDiscover the evolution of India’s office space globally, focusing on flexible work environments and the rise of hybrid work cultures post-pandemic.
READ MORECushman & Wakefield has launched an advisory platform to help multinational companies establish Global Capability Centres (GCCs) in India and beyond. With India expected to host over 2,400 GCCs by 2030, this initiative aims to capture 75% of the market, driving significant demand for office space and transforming the real estate sector.
READ MOREWeWork India plans a ₹400 crore annual capex to expand by 2 million sq ft annually in major cities. With robust financial growth and strategic funding, it recently launched a 130,000 sq ft workspace in Chennai. Despite WeWork Global’s challenges, WeWork India remains strong, projecting significant future revenue growth.
READ MOREFour major MNCs, including Qualcomm and IBM India, have leased over 870,000 sq. ft. of office space in Hyderabad’s booming IT sector. This surge reflects the city’s robust real estate market and infrastructure development. Hyderabad is solidifying its position as a premier business hub with strong residential and commercial growth.
READ MOREThe Competition Commission of India approved Real Trustee Advisory Co.’s stake acquisition in WeWork India Management. The deal involves Volrado Venture Partners and Embassy Buildcon. WeWork India’s operations remain strong, with notable financial performance despite global uncertainties. This acquisition supports fair competition and the growth of flexible workspaces in India.
READ MOREGoa’s Tourism Minister Rohan Khaunte plans to transform Goa into a digital nomad hub by enhancing internet infrastructure and creating beachside coworking spaces. The initiative aims to boost the local economy and attract high-spending remote workers. Additionally, Goa is advocating for a digital nomad visa to facilitate long-term stays.
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