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

Flexible workspace provider UrbanVault has expanded into Gurgaon, launching two premium centres at Paras Twin Tower on Golf Course Road. Spanning 35,000 sq. ft., the centres add 700 seats and mark the company’s entry into the Delhi-NCR market. UrbanVault plans further expansion in Gurugram and Noida with a ₹100 crore investment in FY26.
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Private equity investments in Indian real estate hit $1.7 billion across 12 deals in Q2 2025, with $706 million flowing into office assets alone, according to Knight Frank. Stabilised Grade-A spaces, credit-based residential deals, and rising investor confidence in cities like Bengaluru and Pune are driving capital inflows despite global uncertainty.
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ICICI Bank has leased 820 desks at WeWork India’s Spectrum Tower centre in Mumbai’s Malad suburb, marking a significant return to flexible workspaces. The 42,000 sq ft deal reflects rising demand from corporates for hybrid-ready offices, as flex space continues to reshape India’s commercial real estate landscape.
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BuzzWorks, the flexible workspace arm of Brigade Group, has signed a 24,000 sq ft lease with Infor India at Auro Orbit, HITEC City, Hyderabad. Designed with an “Urban Forest” theme, the centre supports BuzzWorks’ push to scale to 1 million sq ft and 1 lakh seats across India by 2030.
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India’s office market experienced robust activity in Q2 2025, with 17.8 million square feet leased across major cities. Bengaluru led the way with 4.8 million sq ft, followed by strong demand in Hyderabad, Mumbai, and Chennai. A steady supply and occupier confidence signal a strong outlook for the remainder of 2025.
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Co-working operators leased 6.5 million sq ft of office space across India’s top cities in H1 2025, marking a 48% year-on-year growth, according to Colliers India. Driven by corporate demand for flexible and managed workspaces, the sector continues to redefine the commercial real estate landscape amid broader expansion of the office market.
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