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India’s Office Space Demand Surges to 34.5 Million Sq Ft in H1 2025: CREDAI-CRE Matrix Report 0

India’s office market saw 34.5M sq ft leasing in H1 2025, led by Bengaluru, NCR, and Pune. Despite new supply, vacancies fell, rentals rose to ₹90.7/sq ft, and co-working gained share. With strong absorption and Tier-2 hubs like Hyderabad driving growth, demand is set to stay robust through 2025.

US-Based Applied Materials Leases 8 Lakh Sq Ft Office Space in Bengaluru for ₹855 Crore Over 10 Years 0

Applied Materials, a major US-based semiconductor equipment maker, has entered into a significant lease deal for 8.06 lakh sq ft office space in the ITPB-Endeavour building in Whitefield, Bengaluru. The deal, valued at ₹855 crore over a decade, highlights the growing footprint of semiconductor firms and tech players in one of India’s most active real estate markets.

WeWork India Leases 22,700 Sq Ft Office Space to Chargebee in Chennai 0

WeWork India, a leading flexible workspace provider, has leased 22,700 sq ft of office space to Chargebee, a global billing and monetisation platform, at its Chennai Ramanujan Intellion Park centre. This move is part of WeWork India’s expanding footprint across eight cities with over 100,000 desks, reflecting growing demand for scalable office solutions in India’s tech hubs.

UrbanVault Expands Premium Workspace Footprint at Manyata Tech Park 0
- Industry News
- September 3, 2025
Bengaluru-based co-working operator UrbanVault has secured an 80,000-square-foot lease in partnership with Embassy Group at Manyata Tech Park, marking a pivotal expansion of its premium workspace offerings. The facility will provide over 2,000 premium seats with per-seat pricing starting at Rs 10,000, enhanced by modern design and technology infrastructure. With strong pre-leasing momentum from reputed clients and a strategic location within India’s largest tech park, this centre is set to become a flagship asset for UrbanVault.
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Apple India Expands Hyderabad Presence with 64,000-Sq-Ft Lease at WaveRock IT Park.0
- Industry News
- September 2, 2025
Apple India has signed a fresh lease for approximately 64,125 square feet of office space at WaveRock Tower 2.1 in Hyderabad’s Nanakramguda tech hub. The five-year lease, beginning July 2025, further strengthens Apple’s position in one of its largest development centres in India, underscoring its long-term commitment to the country’s talent and technology landscape.
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Bengaluru’s Emerging Commercial Micro-Markets Set for Growth in 2025 0
- Industry News
- September 2, 2025
In 2025, Bengaluru’s commercial real estate landscape is being transformed by multiple fast-rising micro-markets across the city. Driven by improved metro connectivity, easy airport access, and surging IT sector growth, these areas now offer investors and companies low-cost, high-leverage opportunities, strong rental yields, and long-term upside.
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