Industry News

BHIVE Workspace Eyes IPO Within Two Years 0
- Industry News
- July 1, 2024
BHIVE Workspace is planning an IPO within two years, focusing on expansion and achieving ₹500 crore in revenue. Check out their growth strategies and plans.
READ MORE
Cushman & Wakefield Launches GCC Advisory to Transform India’s Real Estate 0
- Industry News
- June 28, 2024
Cushman & Wakefield has launched an advisory platform to help multinational companies establish Global Capability Centres (GCCs) in India and beyond. With India expected to host over 2,400 GCCs by 2030, this initiative aims to capture 75% of the market, driving significant demand for office space and transforming the real estate sector.
READ MORE
WeWork India Unveils ₹400 Crore Annual Capex Plan for Major Expansion.0
- Industry News
- June 28, 2024
WeWork India plans a ₹400 crore annual capex to expand by 2 million sq ft annually in major cities. With robust financial growth and strategic funding, it recently launched a 130,000 sq ft workspace in Chennai. Despite WeWork Global’s challenges, WeWork India remains strong, projecting significant future revenue growth.
READ MORE

Hyderabad’s IT Sector Sees Massive Office Space Leases by MNCs 0
- Industry News
- June 28, 2024
Four major MNCs, including Qualcomm and IBM India, have leased over 870,000 sq. ft. of office space in Hyderabad’s booming IT sector. This surge reflects the city’s robust real estate market and infrastructure development. Hyderabad is solidifying its position as a premier business hub with strong residential and commercial growth.
READ MORE
CCI Approves Stake Acquisition in WeWork India by Real Trustee Advisory Co 0
- Industry News
- June 27, 2024
The Competition Commission of India approved Real Trustee Advisory Co.’s stake acquisition in WeWork India Management. The deal involves Volrado Venture Partners and Embassy Buildcon. WeWork India’s operations remain strong, with notable financial performance despite global uncertainties. This acquisition supports fair competition and the growth of flexible workspaces in India.
READ MORE
Goa Sets Its Sights on Becoming a Digital Nomad Hub 0
- Industry News
- June 27, 2024
Goa’s Tourism Minister Rohan Khaunte plans to transform Goa into a digital nomad hub by enhancing internet infrastructure and creating beachside coworking spaces. The initiative aims to boost the local economy and attract high-spending remote workers. Additionally, Goa is advocating for a digital nomad visa to facilitate long-term stays.
READ MORE