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

Global institutional investors plan to deploy nearly USD 144 billion into commercial real estate in 2026, led by offices, logistics, and living sectors. India is emerging as a strategic market, supported by strong occupier demand, high-quality office stock, and scalable partnership opportunities. Core and Core-plus strategies dominate the investment approach.
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Mindspace Business Parks REIT reported Q3 FY26 net operating income of ₹671 crore, up 28.7% year on year. Revenue and distributions also rose sharply, supported by strong leasing activity, portfolio acquisitions in Mumbai and Pune, rising rentals, and disciplined capital management across its 39 million sq ft office portfolio.
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WeWork India shares climbed nearly 3% after strong Q3 FY26 results. Revenue rose 27% year-on-year to ₹640.3 crore, while profit after tax surged to ₹52 crore. Higher desk sales, improved utilisation, and expanding EBITDA margins drove robust financial and operational performance during the quarter.
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HERE Technologies has leased over 2 lakh sq ft of office space in Navi Mumbai’s Mindspace Business Parks for 10 years at a total value of ₹147 crore. The deal reflects growing demand from global tech firms for large, long-term office spaces in India’s key business districts.
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Global companies led India’s office leasing activity in 2025, accounting for nearly 60% of total demand across major cities, according to JLL. Strong GCC expansion, a deep talent pool, and competitive rental rates drove leasing to a record 83.3 million sq ft, with Bengaluru emerging as the top destination.
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Logitech Electronics India has leased premium office space at Trade Centre, Bandra Kurla Complex, in a transaction valued at ₹4 crore. The five-year lease highlights BKC’s continued appeal among global occupiers. Strong connectivity, high-quality assets, and a robust tenant ecosystem are sustaining momentum in Mumbai’s commercial real estate market.
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