Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Morgan Stanley has launched a new office that spans one million square feet in Oberoi Garden City, Mumbai, consolidating operations for 8,500 employees. The campus is designed to promote collaboration, inclusivity, and sustainability and targets LEED Gold certification. It includes childcare, wellness spaces, and fitness facilities, highlighting Morgan Stanley’s commitment to India as a key hub for innovation and growth.
READ MOREMySoho is transforming India’s Tier-II cities by boldly expanding into 25 locations by 2025. It offers premium, flexible office spaces tailored for startups, SMEs, and IT firms. Focused on private offices and customisable layouts, MySoho’s asset-light model enables rapid growth, setting a new standard in emerging urban workspaces.
READ MOREIndia now leads the Asia-Pacific office market, capturing 70% of new office space supply with over 14.4 million sq ft completed in Q3. Driven by strong demand, India’s office sector will add 54-64 million sq ft of Grade A space in 2024, reinforcing its APAC market prominence.
READ MORETamil Nadu Chief Minister M.K. Stalin has inaugurated “Mudhalvar Padaipagam,” an affordable co-working and learning hub in Chennai. Part of the North Chennai Development Scheme, the facility offers high-speed internet and modern amenities, supporting students, entrepreneurs, and residents with accessible spaces for learning, business, and creativity.
READ MOREAccording to Knight Frank, Pune has emerged as India’s second-largest coworking hub, with 123 office space collaborations since 2018. The city’s appeal lies in flexible, cost-effective workspaces, attracting businesses of all sizes. As demand rises, Pune’s coworking landscape reshapes office trends nationwide, second only to Bangalore.
READ MOREUrban Vault has expanded its flexible office space by 120,000 sq ft in Bengaluru’s central business district to meet corporate demand. With over 2 million sq ft in its portfolio, Urban Vault is set to expand to Gurugram, Pune, and Mumbai, aiming to become a leading provider of flexible workspace solutions in India.
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