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

Vibe launched a 650-seat, 30,000 sq. ft. “A+ Grade” managed office in Balewadi with a Zero CAPEX model and full build-to-suite customisation. The centre promises a two-month turnaround, enterprise-grade power, ample parking, metro-led connectivity, and a revenue-ready training wing—positioning Western Pune as a new hotspot for agile, premium workplaces.
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India’s top six cities saw a 26% jump in new office supply to 16.1 msf in Q3 2025, led by Pune. Absorption rose 6% to 19.69 msf as GCC demand stayed strong, Vestian said. Select markets cooled, but developers and REITs expanded via greenfield and brownfield routes across key clusters.
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IndiQube reported a 43% year-on-year drop in net loss to ₹29.9 crore in Q2 FY26, with revenue jumping 39% to ₹350 crore. The company added 21 new centres, crossed 9.1 million sq. ft. in AUM, and announced plans to enter the solar energy business, reinforcing its sustainable growth strategy.
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Zomato has leased 270,000 sq. ft. at Intellion Park, Gurugram, and is in advanced talks for about 1 million sq. ft. more, with a potential to double. NCR’s Q3 gross leasing hit 5.1 million sq. ft., led by Gurugram. SEZ denotifications are freeing prime supply, while vacancy fell alongside robust new additions.
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Netflix will open a 41,000 sq. ft. office in Hyderabad’s HITECH City—its second location in India, following Mumbai—to bolster regional content, production, and post-production workflows. The decision has sparked debates between Hyderabad and Bengaluru, highlighting infrastructure, congestion, and diversification. Social chatter captured the mood: “Hyderabad has offices, but Bangalore has the minds and the vibes, while Mumbai has money and Delhi has power.”
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India absorbed 19.69 mn sq ft of office space in Q3 2025, up 6% YoY and 5% QoQ. Bengaluru, NCR and Mumbai led demand as GCCs, BFSI and flex operators expanded. The new Grade A supply reached 16.1 million square feet. Vestian expects “robust absorption” and diversified occupier demand to sustain momentum.
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