Blog 3 Columns

Urban Vault Expands in Bengaluru, Leases 1 Lakh Sq Ft Office Space 0

Urban Vault has leased 1 lakh square feet in Bengaluru’s Brigade Summit to meet the rising demand for flexible workspaces. The facility offers 2,000 desks at ₹9,000 per seat. Urban Vault plans further expansion into Pune, Gurugram, Hyderabad, and Mumbai, positioning itself as a key player in India’s coworking market.

Flex Spaces Surge in India, Recording Highest Ever Share in Office Leasing 0

Flexible office spaces in India have reached a record 12.7% share of total office leasing in the first half of 2024. Major sectors like IT, engineering, and BFSI are driving demand. With key operators expanding, flex spaces are poised for continued growth as companies seek cost-effective and adaptable workspace solutions.

Smartworks Files for IPO, Signaling Ambitious Growth Plans in India’s Coworking Sector 0

Smartworks, a major coworking space provider in India, has filed for an IPO with SEBI to fuel its expansion. Founded in 2016, the company aims to raise capital to enhance its offerings, reflecting the growing demand for flexible workspaces as coworking becomes a mainstream segment in Indian real estate.

WeWork India Expands Footprint in Delhi-NCR with 400,000 Sq Ft Leases 0
- Industry News
- September 5, 2024
WeWork India is leasing over 400,000 square feet across three key locations in Delhi and Gurgaon, marking a major expansion in the Delhi-NCR region. The leases include Prestige Trade Tower, Bharti Worldmark 6, and DLF Cyber City, as demand for flexible workspaces continues to surge in the area.
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Smartworks Secures 6 Lakh Sq. Ft. Office Space in Pune’s Balewadi, Strengthening Presence Ahead of IPO 0
- Industry News
- September 4, 2024
Smartworks has leased 6.13 lakh sq. ft. of office space in Pune’s Balewadi for Rs 4.48 crore per month, expanding its Pune portfolio to over 3 million sq. ft. This move strengthens Smartworks’ presence ahead of its upcoming IPO, as it continues to lead in the Indian flexible workspace sector.
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Two-thirds of India’s Grade-A Office Spaces Now Green Certified, Reflecting a Shift Towards Sustainability 0
- Industry News
- September 2, 2024
Over two-thirds of India’s Grade-A office spaces are now green-certified, reflecting a significant shift towards sustainability in the commercial real estate sector. Driven by corporate sustainability goals and regulatory frameworks, this trend highlights the growing importance of environmentally friendly buildings in reducing carbon footprints and enhancing energy efficiency.
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Awfis Space Expands in Bengaluru, Boosting Market Presence and Financial Performance 0

Awfis Space Solutions has launched two new coworking centres in Bengaluru, adding 66,846 sq. ft. to its portfolio. With plans to expand further, Awfis now operates 1,12,038 seats across 185 centres in India. The company reported a net profit of Rs 1.37 crore in Q4 FY24, reflecting strong growth.

Volkswagen Leases 1.23 Lakh Sq. Ft. in Pune’s Embassy Tech Zone to Strengthen India Presence 0

Volkswagen Group Technology Solutions India has leased 1.23 lakh sq. ft. in Pune’s Embassy Tech Zone to expand its operations. The five-year lease includes a four-month rent-free fit-out period. This reflects Volkswagen’s commitment to India amid the growing demand for office space driven by global capability centres (GCCs) nationwide.

Embassy REIT Secures 8 Lakh Sq. Ft. Lease with Commonwealth Bank in Bengaluru 0

Embassy REIT has signed an 8 lakh sq. ft. lease with the Commonwealth Bank of Australia (CBA) in Bengaluru, marking a significant expansion of CBA’s operations in India. This deal reinforces Bengaluru’s status as a key business hub and highlights Embassy REIT’s role in the premium office space market.

Urban Vault Expands in Bengaluru, Leases 1 Lakh Sq Ft Office Space 0

Flex Spaces Surge in India, Recording Highest Ever Share in Office Leasing 0

Smartworks Files for IPO, Signaling Ambitious Growth Plans in India’s Coworking Sector 0

WeWork India Expands Footprint in Delhi-NCR with 400,000 Sq Ft Leases 0

Smartworks Secures 6 Lakh Sq. Ft. Office Space in Pune’s Balewadi, Strengthening Presence Ahead of IPO 0

Two-thirds of India’s Grade-A Office Spaces Now Green Certified, Reflecting a Shift Towards Sustainability 0

Awfis Space Expands in Bengaluru, Boosting Market Presence and Financial Performance 0

Volkswagen Leases 1.23 Lakh Sq. Ft. in Pune’s Embassy Tech Zone to Strengthen India Presence 0

Embassy REIT Secures 8 Lakh Sq. Ft. Lease with Commonwealth Bank in Bengaluru 0

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Transforming India's Commercial Real Estate with Data-Driven Solutions

The BFSI Sector's Strategic Embrace of Flexible Office Spaces

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