Blog - Page 4 of 33 - Flex Insights

Dextrus Announces Launch of New Premium Coworking Space in Mumbai | Dextrus, Mint, Sahar Plaza, Andheri East!0
- Industry News
- December 18, 2024
Dextrus announced its premium workspace launch at Mint, Sahar Plaza, Andheri East, opening September 2025. Spanning 37,000 sq ft, it features bespoke offices, flexible desks, and eco-friendly infrastructure. Strategically located near JB Nagar Metro, it combines luxury, sustainability, and connectivity to create a vibrant professional community.
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Cognizant to Sell Historic Chennai Headquarters for ₹800 Crore 0
- Industry News
- December 17, 2024
Cognizant plans to sell its historic 15-acre Chennai headquarters for ₹750-800 crore by December 2024. The move marks a shift to its new India HQ at MEPZ, Tambaram, as part of consolidation efforts. The sale highlights operational streamlining amid challenges like delayed salary hikes and cost optimization initiatives.
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State Street Signs ₹350 Crore Lease for Office Space in Mumbai’s BKC 0
- Industry News
- December 17, 2024
State Street Corporation leases 250,000 sq. ft. at Mumbai’s BKC for ₹350 crore, establishing a Global Capability Center. The Equinox Business Park deal reflects India’s growing appeal for multinational firms, driven by a skilled workforce and cost benefits. BKC’s premium location sees 99% occupancy, underscoring demand for commercial real estate.
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Philippines Attracts Indian BPOs with Affordable Office Space and Rapid Growth 0
- Industry News
- December 17, 2024
Indian BPOs are expanding to the Philippines, attracted by Metro Manila’s low prime office rents, averaging $29.64 per sq ft. With office stock doubling in a decade and refurbished POGO spaces ready for quick use, the Philippines offers cost-effective options, positioning itself as a prime outsourcing destination.
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Microsoft Strengthens Indian Presence with Land Acquisition Near Hyderabad 0
- Industry News
- December 16, 2024
Microsoft acquires 121,000 sq yards of land near Hyderabad for ₹181.25 crore, expanding its data centre footprint in India. Microsoft bolsters its cloud infrastructure with recent land purchases in Hyderabad and Maharashtra. It also grows its flexible office presence to 400,000 sq ft, reinforcing its long-term commitment to India.
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Peak XV and Others to Offload ₹583 Crore Stake in Awfis 0
- Industry News
- December 16, 2024
Peak XV, Bisque Limited, and Link Investment Trust plan to sell a ₹583 crore stake in Awfis via a block deal. Awfis, India’s largest flexible workspace provider, reported a ₹38.67 crore Q2 FY25 profit and 40.46% revenue growth, bolstered by strategic expansions and a robust market presence.
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