Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
McDonald’s has leased 1.56 lakh sq ft at RMZ Nexity, HITEC City, Hyderabad, for ₹1.43 crore/month to establish its first Global Capability Centre in India. This strategic move reinforces Hyderabad’s status as a top GCC destination amid growing demand from global firms and robust absorption across the city’s office market.
READ MORECorporatEdge launches ‘The India Centre’ at WTC Nauroji Nagar, Delhi, adding 42,000 sq. ft. to its premium workspace portfolio. Designed for GCCs and global firms, the centre blends five-star hospitality with future-ready infrastructure, reinforcing CorporatEdge’s position as a leading provider of high-performance, flexible offices in India’s top business hubs.
READ MOREGoa is reimagining work by launching beachside coworking hubs, expanding tech infrastructure, and supporting startups through subsidies and innovation clusters. With nearly 600 startups, a rising GCC presence, and a focus on AVGC and deep tech, the state is positioning itself as India’s next creative and tech-driven workspace destination.
READ MOREIndia’s coworking sector is evolving rapidly, driven by hybrid work, PropTech innovation, ESG priorities, and expansion into Tier 2 and 3 cities. As large enterprises embrace flexible spaces, traditional offices are being reimagined. Innovative, sustainable, and adaptable workspaces are shaping the future of commercial real estate nationwide.
READ MORETesla has leased a flagship showroom in Mumbai’s BKC at a record INR 881/sq ft and a 30-seater office in Kurla to kickstart operations in India. These strategic moves support local hiring, EV sales, and regulatory setup, aligning with India’s electric mobility push and signalling Tesla’s long-term commitment.
READ MOREPune’s office market set new benchmarks in Q1 2025 with 2.07 million sq ft net absorption and a record 3.5 million sq ft gross leasing. Driven by BFSI and flex space demand, the city added 3.2 million sq ft of Grade-A supply, maintaining its position as India’s second-tightest office market.
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