India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

Smartworks Coworking Spaces has leased 930+ seats in Pune to the Indian subsidiary of a UK-headquartered technology and professional services company. The five-year agreement is valued at ₹58 crore, taking the client’s total footprint with Smartworks beyond 1,730 seats and reinforcing the growing demand for enterprise-managed office solutions.
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Executive Centre India has leased nearly 115,000 sq. ft. at Worldmark 6 in Delhi’s Aerocity for ₹309 crore over nine years. The deal highlights strong demand for premium Grade A office space, rising interest from flexible workspace operators, and continued growth in India’s commercial real estate market despite limited supply.
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Bengaluru’s office leasing declined 21% to 9.37 million sq. ft. in H1 2026 due to slower corporate decision-making amid global uncertainty. However, India’s office market remained stable, with GCCs accounting for 41.7% of leasing activity, while coworking operators achieved a record 10.23 million sq. ft. of space absorption.
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Hyderabad recorded its highest-ever first-half office leasing volume of 7.5 million sq. ft. in H1 2026. GCCs accounted for 45% of total leasing, while vacancy levels fell to 11.5% and office rents increased by 7%. The city’s residential market also remained stable with steady sales and launches.
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India’s real estate sector attracted $3.2 billion in private equity investments during H1 2026, a 33% year-on-year increase, according to Savills India. Office assets remained the top investment segment, while data centres saw rapid growth. Strong domestic participation and diversified investments signal continued confidence in India’s commercial real estate market.
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Table Space has signed a renewable energy agreement with CleanMax to power more than 500,000 sq. ft. of managed office space through a 2.7 MWp Group Captive Solar project. The partnership supports cleaner workplace operations, helps enterprise clients reduce carbon emissions, and strengthens sustainability across the flexible office sector.
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