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

Despite concerns over recent US tariffs, Hyderabad’s commercial real estate sector remains robust and resilient. Industry experts gathered at IKON 2025 highlighted Hyderabad’s emergence as a leading destination for Global Capability Centres (GCCs), driven by a skilled workforce, strong infrastructure, and favourable government policies. The city is poised for growth in office space demand, especially from the pharmaceutical and defence sectors, alongside rising interest in flexible workspace solutions.
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WeWork India’s stock faced fresh selling pressure following a bulk sale by global brokerage CLSA, which offloaded 8.4 lakh shares worth ₹52 crore. Despite a modest premium listing, the stock price has declined nearly 7% since its debut amid muted retail participation and ownership disputes.
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M3M India has completed its Rs 800 crore high-street retail project, “M3M Route 65,” in Gurugram. Spanning 4 acres and offering 5.64 lakh sq ft of commercial space, the project is set to redefine the retail landscape of Gurugram. Handover to tenants starts this month, with full operations expected by March next year.
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The newly established Surat centre by India Accelerator aims to nurture 50–60 startups annually through a coworking space, hands-on mentorship, and vital business resources, reaffirming the city’s evolving status as a burgeoning innovation hub. This venture embeds a cutting-edge workspace within the city’s business landscape, giving rise to a new dimension of commercial real estate focused on flexible and managed offices tailored for aspiring entrepreneurs.
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Anchor investors in Smartworks Coworking Spaces Ltd and Bharti Hexacom Ltd have become eligible to sell shares in the open market, following the expiry of their IPO lock-in period. This development triggered notable movements in both stocks, highlighting key sector trends and investor confidence in India’s commercial real estate and telecom infrastructure domains.
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The global coworking space market is projected to grow robustly between 2025 and 2032, driven by rising demand for flexible workspaces, advanced technology integration, and sustainability considerations. Key players like WeWork and Regus are innovating to capture evolving corporate and freelancer needs. The Asia Pacific region, especially, is expected to see the fastest expansion, fueled by urbanisation and workforce changes.
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