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

India’s office market is seeing occupiers take a more measured approach to large leasing decisions. Geopolitical uncertainty, artificial intelligence, and evolving workforce models are influencing space strategies, while GCCs continue to drive demand. Flexible workspaces are emerging as a bridge to expansion, keeping the market resilient despite longer decision-making cycles.
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CBRE is establishing its first Indian global Agentic AI Centre of Excellence in Hyderabad, co-anchored with its Dallas team. The centre will target automation of 30 enterprise workflows over 9–12 months. The move reflects CBRE’s wider shift of India operations toward frontend technology and product innovation, strengthening Hyderabad’s GCC proposition.
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ANAROCK has appointed Manish Lala as Executive Director and Head, India – Alternatives & Pune Leasing Advisory. With more than 15 years of banking and real estate experience, he will expand the alternatives platform across healthcare and education while leading Pune’s commercial leasing business and strategic investment mandates.
READ MOREBrookfield India REIT unitholders have approved the acquisition of three floors at Godrej BKC in Mumbai. The ₹17,000 million deal targets a 7.1% net distributable cash flow yield, with the 264,000-sq-ft asset expected to reach full committed occupancy by September 30, 2026.
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Trichy’s coworking sector is expanding rapidly, with available seats reaching around 2,250 across at least 15 centres by August 2026. Rising demand from startups and MNC backend operations is driving growth, while lower costs and reduced attrition strengthen the Tier-II city’s appeal. Operators are also expanding beyond traditional premium locations.
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Pune’s commercial office market is gaining momentum, with TIAA Global Capabilities leasing 255,713 sq ft, underscoring continued demand for large workplace campuses. The transaction reflects changing occupier priorities around accessibility, quality, and hybrid work, while raising broader questions about transport, infrastructure, and sustainable growth as Pune’s office districts expand.
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