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

BA Continuum has leased 1.11 lakh sq ft of Grade-A space at Cignus in Powai for ₹1.43 crore per month, strengthening corporate demand in the micro-market. Meanwhile, Tusshar Kapoor and Jitendra Kapoor sold a 3.25 lakh sq ft commercial property in Chandivali for ₹559.25 crore, underscoring rising investor activity.
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JP Morgan Services India has leased 2.71 lakh sq ft of flex office space at Cowrks’ One Downtown Central in Mumbai’s Powai for ₹612 crore. The five-year lease includes a 30-month lock-in and a monthly rent of ₹9.23 crore. The deal reinforces growing demand for Grade-A flexible workspaces in key financial districts.
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Vestian’s new report says India is poised to become one of the world’s most dynamic REIT markets, backed by strong commercial assets, growing investor appetite, and rising opportunities beyond offices. With the market cap expected to reach USD 25 billion by 2030, emerging sectors such as data centres, logistics, and warehousing will drive the next wave of REIT-led growth.
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This guide compares managed and traditional office models for GCCs and global banks, examining cost efficiency, scalability, and flexibility in a hybrid work environment. It discusses pros and cons, industry trends, and offers recommendations for selecting the best workspace solution based on organisational growth, compliance, and employee needs.
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Converting traditional offices into flexible or coworking spaces meets the growing demand for hybrid work environments. This playbook covers feasibility assessments, modular design, tech integration, and financial considerations. With India’s flex market set to exceed 100 million square feet by 2027, this transformation offers significant opportunities for landlords and developers.
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