Blog - Page 26 of 37 - Flex Insights

Flexible Office Space Operators Attract $820 Million in Private Equity Funding Since 2017 0
- Industry News
- September 30, 2024
India’s flexible office space sector has attracted $820 million in private equity funding since 2017, driven by corporate demand for innovative workspaces. Despite fluctuations, the sector has leased 52.9 million sq ft with a 22% growth rate. The future looks promising, with flexible operators embracing technology and ESG principles.
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India’s Real Estate Market Poised for $10 Trillion Expansion by 2047 0
- Industry News
- September 27, 2024
India’s real estate market is projected to reach $10 trillion by 2047, contributing up to 20% of the nation’s GDP. Rapid urbanisation, foreign investments, and technological advancements will fuel growth. Sustainability and PropTech will play pivotal roles, with reforms like RERA and REITs driving future Expansion.
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Chevron Leases 300,000 Sq Ft of Commercial Space in Bengaluru’s RMZ Ecoworld 0
- Industry News
- September 27, 2024
Chevron Global Technology & Services has leased 300,000 sq ft of office space from RMZ Corporation in Bengaluru for its $1 billion Chevron Engineering and Innovation Excellence Center (ENGINE). This move highlights India’s growing role as a hub for Global Capability Centres (GCCs) and RMZ’s leadership in premium office spaces.
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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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