Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Deloitte opens a groundbreaking ‘phygital’ innovation centre in Bengaluru, spanning 12,500 square feet. The centre aims to enhance business efficiency through advanced technologies and collaborative innovation, driving new growth.
READ MOREGlobal capability centres (GCCs) are set to dominate India’s office leasing market, accounting for 40-45% of leased space in FY25, driven by sectors like engineering, BFSI, and tech. Over 1,900 GCCs will employ 2 million by 2025, highlighting India’s robust talent pool and competitive costs.
READ MOREExplore the financial benefits of TRIOS Coworking spaces, from reduced overhead costs to flexible lease terms and access to premium amenities, for minimizing business expenses while maximizing productivity.
READ MOREEFC India has expanded its coworking spaces by adding 3.6 lakh sq ft in Noida and Pune. This expansion boosts their portfolio to over 1.5 million sq ft across 35+ centres in seven states, offering nearly 50,000 seats.
READ MOREAwfis Space Solutions’ IPO was subscribed 11.40 times, reflecting strong investor interest. The Rs 599-crore share sale attracted bids for nearly ten crore shares, with retail investors’ portion subscribed 21.08 times. Proceeds will fund new centres and working capital.
READ MOREIndia’s commercial real estate sector is not just booming; it’s on a trajectory for exponential growth. By 2029, its market value is projected to triple, soaring to an impressive $106.05 billion from the current $40.71 billion. The nation’s robust economic expansion, key governmental initiatives like Make in India, and realty sector reforms such as RERA
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