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India’s GCC Boom Unlocks Multi-Billion Dollar Co-Working Opportunity 0
- Industry News
- August 19, 2025
India’s rapid growth as a Global Capability Center (GCC) hub is driving unprecedented demand for co-working and flexible office spaces, heralding a multi-billion dollar opportunity within the commercial real estate sector. As more multinational corporations establish and expand their GCCs in India, their requirement for agile, technology-enabled workspace solutions is catalyzing a shift in how office real estate is designed, leased, and utilized.
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iKeva Brings Virtual Office Solutions & On-Demand Workspaces to Hyderabad’s Prime Business Hubs 0
- Industry News
- August 18, 2025
iKeva has rolled out its Virtual Office Solutions and On-Demand Workspaces across Hyderabad’s leading business districts, giving entrepreneurs, startups, and corporates flexible, cost-efficient ways to establish a premium presence without long-term commitments. The launch targets India’s growing hybrid and remote work culture with tailored services for modern professionals.
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Puravankara Unveils 5 Million sq ft Commercial Development Plan 0
- Industry News
- August 18, 2025
Real estate major Puravankara has announced an ambitious expansion—aiming to develop 5 million sq ft of commercial space, including two marquee Grade-A projects currently under construction: Purva Zentech (900,000 sq ft) and Purva Aerocity (2.1 million sq ft). The move underscores its strategic push to scale in India’s commercial real estate landscape.
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Smartworks Reports Sharply Narrowed Loss Even as Revenues Climb 0

Smartworks Coworking Spaces delivered a notable improvement in its financial results for the June 2025 quarter. While losses narrowed significantly to ₹4.20 crore from ₹23.03 crore in the prior year, the company posted a 21% jump in revenue, totaling ₹379.21 crore.

No Immediate Tariff Shock for Co-Working Demand,” Says Awfis Chief as ₹200 Crore Expansion Unfolds 0

Amid global economic uncertainties and US tariff speculations, Awfis Chairman and MD Amit Ramani reassures that there’s no visible impact on co-working demand in India—yet. Simultaneously, the company confirms a robust growth strategy, allocating ₹200 crore in capital expenditure to add 40,000 new seats (~2.2 million sq ft) across India in FY26.

IndiQube Posts Stellar Q1 FY26 Performance with 303% Jump in Profit 0

IndiQube made an impressive debut as a listed company by delivering a standout Q1 performance: operating revenue soared to ₹313 crore, up 27% year-on-year, backed by a robust recurring income model. EBITDA almost doubled to ₹65 crore, and net profit surged by 303%, landing at ₹18.5 crore. Under Ind AS, the firm reported a ₹37 crore net loss—a variation largely due to depreciation and lease interest obligations.

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