Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
In Q1 2024, Delhi-NCR’s office leasing soared to 4.03 million sq ft, with flex spaces accounting for over a third. NH-8 Gurugram and Noida City led, highlighting a shift towards flexible work environments in prime commercial hubs.
READ MOREMaster the art of conducting successful meetings with our 19 essential tips. From meticulous planning to leveraging coworking spaces, learn how to set the right tone, engage participants, and ensure productivity. Elevate your professional image and make every meeting count with our comprehensive guide.
READ MOREIndia’s real estate market is forecasted to triple to $1.5 trillion by 2034, driven by rising demand across residential, commercial, and warehousing sectors. The sector’s GDP contribution is also expected to increase, with significant urban housing and office space growth.
READ MOREThe Q1 2024 India Office Market Overview by Colliers highlights robust growth in Bengaluru and Hyderabad, driving 50% of leasing activities and 75% of new supply. Rental rates are on the rise, and with stable vacancy levels, the market promises lucrative opportunities for investors and occupiers alike.
READ MOREWith its ambitious plans, DevX is poised to double its coworking spaces to a staggering 2 million sq ft in just two years. This expansion strategy also includes international destinations like Dubai and Singapore. Bolstered by a recent $7 million funding boost, DevX is also making strategic partnerships, such as the one with Deakin University for its new India campus.
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