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India’s Ageing Office Spaces Signal Rs 500 Billion Opportunity for Upgrades 0
- Industry News
- May 13, 2025
Nearly half of India’s office space is over a decade old, posing risks of low occupancy and outdated functionality. A CBRE study highlights a Rs 500 billion investment opportunity in retrofitting 434 million sq. ft. to meet modern workplace demands and sustain competitiveness across key markets like Bengaluru, Delhi-NCR, and Mumbai.
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TCS Signs Major Lease in Chennai as IT Sector Leasing Slows 0
- Industry News
- May 13, 2025
Tata Consultancy Services (TCS) has leased 630,000 sq. ft. in Chennai’s Ozone Techno Park, signaling a strong office space commitment despite a broader IT sector slowdown. While peers like Cognizant and Wipro scale back, TCS continues to expand, reflecting its long-term growth strategy and preference for physical office presence.
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IWG to Expand Aggressively in India, Eyes Tier-II & III Cities with Premium Coworking Brand 0
- Industry News
- May 12, 2025
UK-based coworking giant IWG is expanding rapidly in India, introducing its premium brand Signature with luxury amenities. Targeting Tier II and III cities, the company plans to open 40–50 new centres by 2025 and quadruple its footprint in 3–5 years, driven by rising demand in India’s flex space market.
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India’s Flex Space Market Gears Up for Rs 7,000 Crore IPO Boom Amid Soaring Demand 0

India’s coworking sector is set for a boom, with five IPOs expected to raise over Rs 7,000 crore in the next 18 months. Driven by hybrid work trends, rising demand, and expanding footprints, the flex space market is poised for significant growth, particularly in major cities like Bengaluru and Mumbai.

Awfis Celebrates 10 Years of Redefining Workspaces in India 0

Awfis Space Solutions marks its 10th anniversary, celebrating a decade of reshaping workspaces in India. From one centre in 2015 to over 100 nationwide, Awfis now serves 1,500+ companies. Under Amit Ramani’s leadership, it has evolved into a tech-driven, full-service platform catering to startups, corporates, and hybrid work models.

Amazon Renews Major Lease in Mumbai’s Vikhroli, Cementing Commitment to Godrej Two 0

Amazon has renewed its lease for over 94,000 sq ft of office space at Godrej Two in Mumbai’s Vikhroli, committing ₹1.73 crore in monthly rent for five years. Spread across four Amazon entities, this move reinforces the brand’s long-term investment in India’s commercial real estate and the appeal of premium office hubs.

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