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

Bollywood actor Kartik Aaryan, along with his parents Mala and Manish Tiwari, has purchased a premium office space in Andheri West for ₹13 crore. This move highlights a growing trend among celebrities to invest in commercial real estate for diversification and long-term growth.
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Smartworks Coworking Spaces Limited has launched SmartVantage, a dedicated solution targeting rapid and sustainable growth for Global Capability Centres (GCCs) in India. By combining expansive, customizable campuses with a robust consultative approach and a curated partner network, SmartVantage aims to reshape enterprise workspace offerings and strengthen India’s position as a global GCC hub.
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IT giant Tata Consultancy Services (TCS) has leased 17.52 lakh sq ft of office space in Sattva Knowledge Point, Bengaluru, for ₹975 crore over five years—a pivotal transaction that reaffirms Bengaluru’s prominence as India’s leading IT real estate hub. The deal includes major commitments in scale, investment, and duration, reflecting the city’s ongoing dominance in commercial office leasing despite industry workforce adjustments.
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BHIVE Workspace, one of India’s fastest-growing coworking and managed office space providers, has expanded its footprint in Bengaluru’s Central Business District by launching BHIVE Platinum Old Airport Road in Indiranagar. This new 40,000 sq ft facility is BHIVE’s sixth workspace in the area and underscores its aggressive growth strategy to serve the rising demand for flexible, premium office environments in prime locations.
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Pune-based Panchshil Realty, through its subsidiary Prime Lohegaon Infraspaces LLP, has acquired Capgemini’s Knowledge Park in Airoli, Thane, near Mumbai, for ₹550 crore. This transaction, marked on September 17, 2025, is one of the largest commercial real estate deals in the Mumbai Metropolitan Region this year. The acquisition expands Panchshil’s footprint in the Mumbai commercial real estate market amid rising demand for office spaces in emerging business districts.
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Nuvama and Cushman & Wakefield’s Prime Offices Fund has made its second major acquisition, purchasing a 2.4 million sq ft Grade-A office campus in Porur, Chennai, from Keppel for approximately ₹2,550 crore. The fully leased LEED Platinum-certified asset serves prominent global and Indian technology tenants, underscoring robust investor confidence in Chennai’s commercial real estate market and the growing focus on sustainable, future-ready workspaces.
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