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

EY Global Delivery Services India LLP has leased 1.72 lakh sq ft of office space at Embassy Oxygen Business Park, Noida, for five years at a monthly rent of ₹98.52 lakh. The transaction highlights strong office demand in Noida amid rising GCC activity and infrastructure-led growth in Delhi-NCR.
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Eternal Ltd, parent company of Zomato, has leased 2.78 lakh sq ft of Grade-A office space at Intellion Park, Gurugram, at a monthly rent of ₹2.33 crore. The long-term deal highlights strong confidence in NCR’s office market and Gurugram’s growing appeal for large tech occupiers.
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Alpha Alternatives has committed ₹1,250 crore to ASF Insignia, a 50-acre integrated IT office campus in Gurugram. The investment will be deployed in phases to reduce debt, fund new development, and enhance infrastructure, reinforcing strong institutional interest in Grade-A office assets across NCR.
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Morgan Stanley Advantage Services has leased around 1.6 lakh sq. ft. of office space at Brookfield’s Ecoworld in Bengaluru for nearly five years at a monthly rent of ₹1.92 crore. The deal reflects strong BFSI and GCC-led demand along the Outer Ring Road, reinforcing Bengaluru’s status as a global offshore hub.
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India is set to outperform the Asia-Pacific region in office real estate growth in 2026, supported by strong leasing, stable vacancies, and GCC expansion. Bengaluru leads rental growth, while Mumbai and Delhi-NCR show steady gains. Robust occupier demand is expected to absorb new supply without weakening prime rents.
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Freelancers are redefining where work happens, shifting from traditional offices to cafés for autonomy, comfort, and creative energy, then graduating into coworking spaces for structure, privacy, and scale. The piece shows how cafés, coworking hubs, and offices together form a flexible workspace ecosystem shaping modern workplace strategy.
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