Industry News

TEC Bets Big on India with Expansion and ₹2,600 Crore IPO Push 0
- Industry News
- May 1, 2026
The Executive Centre is expanding in India with 90,000 sq. ft across Mumbai and Pune while planning a ₹2,600 crore IPO. The move targets rising demand for premium flexible workspaces driven by GCCs and hybrid work, with flex spaces expected to exceed 20% of Grade A office demand.
READ MORE
Smartworks Posts Q4 Profit, Revenue Surges 47% as Enterprise Demand Fuels Flex Growth 0
- Industry News
- May 1, 2026
Smartworks reported a Q4 FY26 profit of ₹16.62 crore, reversing last year’s loss, as revenue surged 47% to ₹533 crore. Strong enterprise demand for managed workspaces drove growth. With a 16.1 million sq ft portfolio and ₹5,200 crore contracted revenue, the company enters FY27 with strong visibility and momentum.
READ MORE
Bagmane REIT IPO Signals Next Wave of Institutional Capital in India’s Office Market 0
- Industry News
- May 1, 2026
The ₹3,405 crore Bagmane Prime Office REIT IPO marks a major milestone in India’s commercial real estate market. Backed by Blackstone, the REIT features high-occupancy Grade A+ assets, strong GCC tenant demand, and built-in rental growth. A large development pipeline reflects rising institutional confidence in India’s office sector.
READ MORE

From Cost to Quality: Why Office Rentals in Delhi-NCR and Bengaluru Have Crossed ₹100/sq. ft 0
- Industry News
- May 1, 2026
Office rentals in Delhi-NCR and Bengaluru have crossed ₹100 per sq. ft per month, driven by strong demand for Grade A spaces, GCC expansion, and limited supply. Occupiers are prioritising quality, connectivity, and experience-led environments, while infrastructure growth and mixed-use developments continue to push rental values upward.
READ MORE
Brigade and Bain Capital Bet Big on Whitefield with ₹2,200 Cr Mixed-Use Development 0
- Industry News
- May 1, 2026
Brigade Enterprises and Bain Capital have formed a 50:50 joint venture to develop a ₹2,200 crore mixed-use project in Bengaluru’s Whitefield. Spanning 2 million sq. ft on 11 acres, the project will include Grade A offices and a five-star hotel, targeting strong demand in a key commercial corridor.
READ MORE
SpazeOne Expands South India Presence with New Bengaluru Coworking Hub 0
- Industry News
- April 29, 2026
SpazeOne has launched a 15,000 sq. ft coworking space in Bengaluru with 320 desks, targeting rising demand in Whitefield. The company plans 10 more centres across South India this fiscal, totalling 2.5 lakh sq. ft, driven by growth in GCCs, startups, and distributed work models.
READ MORE