Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Deloitte leases 175,000 sq ft in Prestige Trade Tower at Delhi’s Aerocity, marking Prestige Group’s commercial debut in the capital. This move reflects a strong demand for premium office spaces near the airport. The project includes hotel rooms, office spaces, and a convention centre set to boost Aerocity’s business landscape.
READ MOREJSW Infrastructure invests INR 88 crore to lease 52,690 sq ft of office space in Navi Mumbai’s L&T Seawoods Grand Central complex. This move aligns with the growing trend of leasing for flexibility and supports the company’s expansion amid revenue growth. The acquisition will be finalised by Q3 of this financial year.
READ MOREJalandhar’s Commissioner of Police, Swapan Sharma, has mandated police no-objection certificates (NOC) for new malls, offices, and commercial establishments to tackle traffic and parking issues. This initiative ensures adequate parking and reduces congestion, requiring detailed site plans and application parking layouts.
READ MOREmyHQ by ANAROCK has partnered with WeWork India to be the exclusive tech, marketing, and sales partner for WeWork’s on-demand products. This collaboration aims to enhance flexible workspace options and targets growth from 30,000 to 100,000 monthly bookings by 2024-25. The partnership aims to cater to India’s growing freelance and gig workforce.
READ MORESEBI’s new regulations for Small and Medium REITs (SMREITs) democratise real estate investments for retail investors, unlocking significant monetisation opportunities and enhancing liquidity. Platforms like Strata and Propshare are transitioning to SMREITs; offering stabilised returns and transparency.
READ MOREDevX has expanded its Noida presence by launching two new coworking spaces in Sectors 125 and 62, adding 37,000 square feet to its existing 60,000 square feet. This move supports their strategy to offer flexible, upscale office spaces catering to Global Capability Centers and large enterprises, enhancing work environments and scalability.
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