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

Rolls-Royce has deepened its roots in India by opening its largest and most advanced Global Capability Centre (GCC) at Manyata Embassy Business Park, Bengaluru. With a capacity for 700 professionals, the centre will drive innovation across engineering, digital services, and business operations, establishing Bengaluru squarely on the world map for aerospace and technology leadership.
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Hebbal, once a quiet suburb, is rapidly transforming into one of Bangalore’s premier business districts for startups, corporates, and SMEs seeking modern coworking and managed office spaces. A combination of strategic connectivity, investor interest, and high-quality amenities is driving this shift, making Hebbal a compelling choice for growth-focused enterprises and professionals.
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Global Capability Centres (GCCs) are driving India’s commercial real estate market with their office space leasing projected to grow 15-20% over the next two years. GCCs have leased 100 million sq ft in India’s top cities since 2021 and are poised to shape nearly 40% of the office demand by 2025, signalling a strong growth trajectory for workplace real estate.
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The Securities and Exchange Board of India’s (SEBI) recent decision to reclassify Real Estate Investment Trusts (REITs) as equity instruments marks a significant milestone for India’s commercial real estate investment landscape. This change is expected to enhance liquidity, broaden investor participation, attract mutual funds, and align the Indian REIT market with global standards, paving the way for stronger growth.
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WeWork India will host the third edition of its Sustainability Summit on September 24, 2025, at the WeWork Forum in Gurugram. The event aims to gather industry leaders, innovators, policymakers, and changemakers to advance the decarbonisation of commercial real estate in India. Focused on driving real action and collaboration, the summit will explore solutions to reduce carbon emissions and promote sustainable building practices.
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Smartworks has leased a record 5.57 lakh sq ft at Intellion Park, Navi Mumbai, making it the city’s largest managed office campus and pushing its Mumbai portfolio past 1 million sq ft. This strategic expansion caters to rapidly growing enterprise demand for scalable, future-ready workspaces in the region.
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