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  • Bengaluru’s Office Space Set to Soar to 340 Million Sq Ft by 2030

    Bengaluru’s Office Space Set to Soar to 340 Million Sq Ft by 20300

    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 2024

    India’s Office Space Absorption Hits Record High in 20240

    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 Lease

    Samsung Renews 420,000 Sq Ft Bengaluru Office Lease0

    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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