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

The National Capital Region (NCR) emerges as the frontrunner in India’s real estate market with a significant 19% jump in housing prices, alongside a notable rise in office rentals. The trends are indicative of robust demand fueled by economic activities and urban growth, as highlighted in the latest Knight Frank report.
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India’s Telecom Regulatory Authority (TRAI) has started rating the quality of telecom connectivity in commercial real estate projects, aiming to drive stronger digital infrastructure across major office spaces. Shaurrya Teleservices, the first empanelled Digital Connectivity Rating Agency, expects to map over 10 million sq ft of commercial developments this year, focusing solely on workplaces across top Indian cities.
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Embassy Group, led by visionary Jitendra Virwani, stands at the forefront of India’s commercial real estate sector, transforming corporate landscapes through innovative office parks and landmark REIT ventures. This article explores the group’s strategic impact on office space development and the evolving market dynamics driving India’s urban commercial real estate growth.
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The Kolkata real estate market showed strong resilience and steady growth in Q3 2025, with property prices rising 8% year-on-year. The residential segment was driven by sustained end-user demand and preference for quality developments, while the office space segment saw growing rental values amid tight supply and stable demand.
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In the third quarter of 2025, Mumbai’s real estate market showed robust momentum with the highest residential sales volume among Indian cities and an 11% increase in office rents. While residential sales marginally grew, office transaction volumes declined amid strong demand for premium office spaces.
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Tata Consultancy Services (TCS) has secured one of Bengaluru’s largest office space leases at 360 Business Park in Electronic City, leasing 1.4 million sq ft for ₹2,130 crore over 15 years. The deal marks a significant expansion for TCS in Bengaluru’s southern IT corridor, with a monthly rent commitment of ₹9.3 crore and structured in two phases beginning April 2026.
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