Blog - Page 11 of 27 - Flex Insights

Ahmedabad Sees 99% Surge in Small Office Space Sales in 2024 0
- Industry News
- September 27, 2024
Ahmedabad recorded a 99% year-on-year growth in small office space sales, with 0.73 million sq ft transacted in H1 2024. Small offices comprised 44% of total transactions, driven by the city’s thriving business environment. Large and mid-sized spaces also saw significant growth, with development plans boosting future demand.
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India’s Office Space Demand Soars, Reaching 47 Million Sq Ft in 2024 0
- Industry News
- September 27, 2024
India’s office space demand reached 46.7 million sq ft in the first nine months of 2024, with Bengaluru and Hyderabad leading the leasing activity. Flex spaces and large enterprises drove the surge, while new supply increased by 33% year over year. The tech and BFSI sectors also contributed significantly to the growth.
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91Springboard Expands Its Footprint with a New Hub in Hyderabad’s HITEC City 0
- Industry News
- September 27, 2024
91Springboard expands its presence in Hyderabad with a new 48,000 sq. ft. hub in HITEC City, offering flexible workspace solutions for medium and large businesses. Located in Raheja Commerzone Hetero Tower, this is 91Springboard’s 31st hub in India, providing modern amenities and tailored office spaces to enhance productivity.
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BHIVE Appoints Venkatesh Shenoy as COO to Drive Growth in Managed Office and Coworking Operations 0
- Industry News
- September 27, 2024
BHIVE appoints Venkatesh Shenoy as Chief Operating Officer (COO) to lead its managed office and coworking operations. With 18 years of experience in operations and supply chain management, Shenoy will focus on scaling operations and expanding BHIVE’s footprint to become India’s top real estate company.
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India Sees 54% Growth in Large Office Space Leasing in 2024 0
- Industry News
- September 26, 2024
India’s commercial real estate saw a 54% year-on-year increase in large office space leasing in H1 2024, driven by corporate expansion and Global Capability Centres (GCCs). Bengaluru led with 4.5 million sq ft leased. Mid-sized office spaces grew by 70%, and flexible workspaces remain crucial for IT and startups.
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Morgan Stanley Secures ₹2,122 Crore Office Lease in Mumbai’s Oberoi Commerz III 0
- Industry News
- September 26, 2024
Morgan Stanley has secured a 1.1 million sq ft office space lease in Mumbai’s Oberoi Commerz III for ₹2,122 crore, marking India’s largest office lease deal this year. The nearly 10-year agreement reflects the growing demand for large-scale premium workspaces in India’s commercial real estate market.
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