Industry News

Tesla’s Bold Entry into India Sparks Leasing Surge in Mumbai’s Office Market 0
- Industry News
- April 30, 2025
Tesla has leased a flagship showroom in Mumbai’s BKC at a record INR 881/sq ft and a 30-seater office in Kurla to kickstart operations in India. These strategic moves support local hiring, EV sales, and regulatory setup, aligning with India’s electric mobility push and signalling Tesla’s long-term commitment.
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Pune’s Office Market Breaks Records with 2 Million Sq Ft Absorption in Q1 2025 0
- Industry News
- April 30, 2025
Pune’s office market set new benchmarks in Q1 2025 with 2.07 million sq ft net absorption and a record 3.5 million sq ft gross leasing. Driven by BFSI and flex space demand, the city added 3.2 million sq ft of Grade-A supply, maintaining its position as India’s second-tightest office market.
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India’s Office Market Hits Four-Year Low in Vacancies as GCCs and Tech Drive Leasing Surge 0
- Industry News
- April 30, 2025
India’s office market continued its growth streak in Q1 2025, with vacancy hitting a four-year low of 15.7% amid limited new supply and strong leasing demand. GCCs led activity, net absorption reached 13.4 MSF, and rentals rose—especially in Mumbai—signalling a highly competitive, occupier-driven commercial real estate landscape.
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Bengaluru Takes the Lead in Corporate Office Pre-Commitments 0
- Industry News
- April 30, 2025
Bengaluru led India’s office space pre-commitments from October 2024 to March 2025, securing 5.7 million sq ft—53% of the total across top cities. Driven by rising demand, limited Grade A+ supply, and evolving workplace needs, global IT and BFSI firms dominate these deals, especially in Bengaluru’s key micro-markets.
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YEIDA Unveils Future-Ready, Green Office Hub Near Yamuna Expressway in Noida 0
- Industry News
- April 22, 2025
YEIDA’s new 27,800-square-meter office near the Yamuna Expressway in Noida is set to be a model of sustainable, future-ready design. With features like a rooftop solar plant, EV charging stations, and a 5-star GRIHA rating, the facility aims to blend green architecture with modern, people-first workplace amenities.
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Steelcase Secures Major Industrial Space in Pune’s Chakan Hub 0
- Industry News
- April 22, 2025
Steelcase Inc.’s Indian arm has leased 130,000 sq ft of industrial space at IndoSpace Industrial Park in Pune’s Chakan for over five years. The deal reflects India’s growing demand for premium industrial spaces, driven by sectors like e-commerce, manufacturing, and logistics, signalling confidence in the country’s economic growth.
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