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Mumbai GST Authorities Provisional Attach Bank Accounts of Awfis Over ITC Dispute 0

Mumbai’s GST department has ordered HDFC and ICICI Bank to provisionally attach Awfis’ bank accounts over alleged excess ITC claims of Rs 4.42 crore for October 2024. Awfis clarified the amount was initially claimed but reversed after a Supreme Court ruling, which was later overturned in January 2025.

Hyderabad’s Office Leasing Market Soars with Strong Demand and Record Absorption in 2024 0

India’s office space supply reached a record 515 lakh square feet in 2024, with leasing activity hitting 707 lakh square feet, driven by demand from IT-ITeS and global capability centres. While Chennai’s supply declined, Hyderabad, Bengaluru, and Delhi-NCR saw significant growth. The IT sector continues to lead leasing activity.

Record Office Space Supply in India’s Top Cities Amid Strong Demand 0

India’s office space supply reached 515 lakh sq ft in 2024, fueled by strong demand for IT-ITeS and global capability centres. Leasing activity surged to 707 lakh sq ft, up 16% from 2023. Hyderabad, Bengaluru, and Delhi-NCR saw significant growth, while Chennai experienced decline. The IT sector continues to lead.

Delhi Office Absorption Set to Reach 8.4 Million Sq Ft by Year-End, Driven by Strong Demand 0
- Industry News
- March 10, 2025
Delhi’s office market is poised for significant growth, with net absorption expected to reach 8.3-8.4 million square feet by 2025. The rise in demand for high-quality office spaces, flexible workspaces, and improved connectivity, alongside intense leasing activity, is driving rent increases and attracting investors to the region.
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Strong Domestic Fundamentals to Propel Indian Real Estate in 2025 0
- Workspace Solutions
- March 7, 2025
India’s real estate sector in 2025 is set for dynamic growth, driven by technology, sustainability, and rising investments. With Tier-II cities emerging as key players, office spaces evolving, and luxury housing surging, the industry is reshaping urban landscapes and redefining living, working, and retail experiences across the country.
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Shared Spaces, Shared Responsibility: How Sustainability is Reshaping Coworking 0
- Coworking
- March 7, 2025
Green coworking spaces are revolutionising the industry by integrating sustainability into flexible workspaces. With eco-friendly designs, energy-efficient operations, and waste reduction strategies, these spaces minimise environmental impact while attracting eco-conscious clients. The hub-and-spoke model, smart energy use, and sustainable materials drive long-term cost savings and promote a greener future.
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