Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Nagarro Enterprise Services has leased over 7 lakh sq ft in Gurugram’s Udyog Vihar for ₹2.90 crore monthly, reflecting strong demand in India’s office market. The 12-year deal signals confidence in India’s commercial real estate, amid rising office rents across major cities driven by urbanisation and multinational business expansion.
READ MOREGurgaon councillors have urged Haryana CM Nayab Singh Saini to provide office spaces and staff support to serve their wards better. While some operate from community centres or private offices, they stress formal infrastructure needs. The MCG has promised action pending verification, acknowledging growing administrative demands in the expanding city.
READ MOREUrban Vault has leased 50,000 sq ft in Bengaluru’s Prestige Obelisk to launch a 1,000-desk managed office centre, reflecting rising demand for flexible workspaces. With a growing 2 million sq ft portfolio, the company continues expanding amid industry forecasts predicting rapid growth in India’s coworking sector through 2026.
READ MOREKolkata’s coworking cafés are booming this summer as freelancers and hybrid workers seek cool, power-cut-free spaces. Blending café culture with flexible work needs, venues like CoLAB, Artsy, and The Red Bari offer high-speed internet, refreshments, and creative environments, reshaping the city’s work culture with comfort, community, and connectivity at the core.
READ MOREOFFIX has launched its first flagship luxury co-office space in Hyderabad’s Commerzone Raidurg. Blending global design with personalised service, the space offers premium amenities like executive suites, a gourmet café, and tech-enabled access. Backed by Symbyont Group, OFFIX plans rapid expansion across India and aims for a global launch in 2025.
READ MOREIndia’s top southern cities—Bengaluru, Hyderabad, and Chennai—led GCC office space leasing in Q1 2025, capturing 64% of total demand. Leasing surged 72% year-on-year, with IT/ITeS, BFSI, and manufacturing sectors driving growth. Tier 2 and 3 cities emerge as new hubs amid infrastructure growth and talent availability.
READ MORE