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

For the first time since 2019, office rental prices across India’s six largest cities have exceeded pre-pandemic levels, according to a report by Colliers India. The report reveals a steady rise in average office rents, reaching Rs 101.3 per square foot in 2024, up from Rs 99.5 per square foot in 2019. This marks a
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Nextra Developers’ “The Address” in Mayur Vihar Phase 1, New Delhi, offers modern office and retail spaces focusing on sustainability. With prime connectivity, eco-friendly features, and luxury amenities, it’s designed to attract businesses and investors seeking a dynamic commercial hub with long-term growth potential in East Delhi.
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Sara Ali Khan and Amrita Singh have purchased three office spaces in Mumbai’s Andheri West for over ₹30 crore. The transactions, registered in 2024, highlight their investment in prime commercial real estate. Mumbai’s property market has seen steady growth, with over 1 lakh registrations contributing ₹8,892 crore to the state exchequer.
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Ratan Tata’s humility was exemplified when he refused preferential treatment for an office cabin at Tata Steel’s Mumbai headquarters, insisting on equal treatment for his colleagues. This decision, settled by a lottery, reflects Tata’s fair leadership style, which guided the Tata Group’s growth and commitment to ethical business practices.
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Green innovation is transforming India’s commercial real estate sector, with rising demand for sustainable office spaces. Key trends include energy-efficient buildings, water and waste management, and wellness-focused designs. Green-certified buildings offer higher rental yields and lower operating costs, creating new opportunities for developers and investors in the evolving workspace market.
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Experion Developers has leased office space at The Milestone Experion Centre (The MEC) to global brands Bata India and MG Motor India for their new Indian headquarters. The MEC, a sustainable, state-of-the-art facility, offers scalability and eco-friendly design, making it an ideal choice for multinational companies in the NCR region.
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