Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Awfis has launched its first flexible workspace in Lucknow’s Gomti Nagar, spanning 47,694 sq ft. The centre supports startups, entrepreneurs, and businesses with Grade-A infrastructure, advanced amenities, and strategic connectivity. This expansion strengthens Awfis’ presence in Tier-II cities and aligns with Lucknow’s transformation into a vibrant commercial hub.
READ MOREPune’s office space market grew 19% in 2024, leasing 80 lakh sq ft, driven by global firms, technology companies, and flexible workspaces. New supply surged 58%, and rentals reached ₹77 per sq ft. With Grade A spaces in demand and GCCs dominating, Pune is emerging as a top business hub.
READ MOREMumbai’s office leasing reached 12.1 million sq ft in 2024, driven by BFSI, technology, and flexible space sectors. National leasing hit a record 79 million sq ft, with sustainability gaining traction as green-certified spaces accounted for 56% of activity. Mumbai remains a key player in India’s evolving commercial real estate market.
READ MOREWeWork India expands with 1.75 lakh sq ft of new coworking spaces in Bengaluru and Pune. The Bengaluru space, spanning 90,500 sq ft, offers 1,700 desks at Manyata Mahogany. Pune’s 84,000 sq ft GERA Commerzone houses 1,300 desks. These additions meet rising flex space demand across India’s dynamic business hubs.
READ MOREGodrej Interio has delivered a 48,670 sq. ft. office and amenity block for Skechers’ largest warehouse in India. Featuring modern industrial aesthetics, sustainability, and innovative solutions like MS grid structures, the project sets new benchmarks in functionality and design while reinforcing Godrej Interio’s leadership in workspace innovation across diverse sectors.
READ MOREHyderabad topped India’s office space market in 2024 with the highest average deal size of 70,535 sq ft, a 10.13% increase. Nationally, deal sizes grew 10.24%, driven by demand for premium spaces. Mumbai saw the most significant growth at 54.59%, with Bengaluru, Delhi NCR, and Pune also recording significant activity.
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