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

Kontor Space has entered into a strategic heads of terms for a proposed expansion in Gurgaon, Haryana. The company has not disclosed the location, area, investment or timeline. With its existing WOCO facility reportedly reaching 90% occupancy, the move could strengthen its presence in the National Capital Region’s managed office market.
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Jaipur-based Accuspace has expanded its commercial real estate portfolio beyond 0.5 million sq ft across offices, retail and warehousing. Its occupiers include Accenture, Zudio and Havells India. Rising corporate demand, infrastructure investment, talent availability and competitive costs are helping Jaipur emerge as an alternative to larger office markets.
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Pune’s flexible workspace market recorded a 28% year-on-year rise in leasing during the first half of 2026, with 20,900 seats taken up. Demand from IT, engineering, BFSI and GCCs is supporting growth across key micro-markets. Operators expect further expansion, with managed offices and enterprise-focused solutions gaining ground.
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Savills India has appointed Vineet Mohan as Associate Director and Team Lead for Commercial Advisory and Transactions. With over 15 years of commercial real estate consultancy experience, Mohan brings expertise in occupier advisory, business development, and transaction execution. His appointment adds experienced leadership to the firm’s commercial real estate advisory team.
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Bajaj Alternate Investment Management has raised around ₹950 crore in the initial close of its maiden real estate fund, with a target corpus of ₹2,000 crore. The fund will invest in Grade A commercial office developments through equity joint ventures with established developers across selected Indian markets.
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Co-working operators accounted for 26% of India’s office demand between January and September 2026, narrowly surpassing IT/ITeS companies at 25%, according to Anarock Research & Advisory. The shift marks the first time flexible workspace providers have led occupier demand for 9 consecutive months, highlighting changing workplace preferences among enterprises.
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