Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Meghna Agarwal, Executive Director and COO of IndiQube, is revolutionizing India’s commercial real estate sector. In nine years, she has expanded IndiQube to 100+ properties across 13 cities, driving revenue to INR 867.6 Cr in FY24. Her leadership has solidified IndiQube’s dominance in flexible workspaces while proving profitability at scale.
READ MOREThe Union Budget 2025–26 aims to transform India’s commercial real estate sector with tax incentives, infrastructure expansion, and regulatory reforms. Experts highlight GST simplifications, lower interest rates, and rising coworking space demand. While concerns over capital expenditure persist, the budget’s pro-growth measures are expected to drive investment and innovation.
READ MOREBusiness confidence in commercial real estate is rising, fueled by strong demand and market performance in key APAC cities. Bengaluru and Mumbai lead growth in office and retail spaces, with rising capital values and stable cap rates. Consumer activity and urban inflation shifts continue shaping the sector despite increased supply.
READ MORERERA, primarily for homebuyers, also covers commercial real estate if ownership transfer is involved. Investors can seek redress for stalled projects, but leasing agreements fall outside its scope, creating potential loopholes. Developers face increasing scrutiny to comply with RERA regulations, ensuring greater transparency in sales.
READ MOREEnzyme Office Spaces has leased 14,000 sq ft of managed office space in Mumbai’s Andheri East to SUGAR Cosmetics, providing 300 seats for a five-year term. The deal reflects India’s growing demand for flexible workspaces, with the coworking sector expected to surpass 100 million sq ft by 2026.
READ MOREIndia’s office space market is set for double-digit growth in 2025, with leasing projected to reach 65-70 million sq ft. Bengaluru will lead demand, while Hyderabad and Delhi NCR will grow significantly. GCCs, BFSI firms, and flex space operators will drive expansion, with sustainability and REITs reshaping commercial real estate.
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