India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

IndiQube Spaces Ltd, a leading managed office space operator in India, sees strong leasing demand from Indian corporates and Global Capability Centres (GCCs) despite market apprehensions. The company’s focus on scalable, customised office solutions, robust client base, and expansion strategy positions it well for continued growth.
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CapitaLand Investment Limited (CLI), a Singapore-based real asset manager, has signed a Memorandum of Understanding with the Maharashtra Government to invest over INR19,200 crores (S$2.83 billion) in Mumbai and Pune by 2030. This major investment will expand CLI’s reach across business parks, data centres, logistics, and industrial facilities, accelerating the growth of Maharashtra’s key commercial and tech corridors.
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UB Heritage, a leading real estate developer, has been recognised with the prestigious ‘Excellence in Modern Architectural Design’ award at the HURUN India Real Estate Excellence Awards 2025, co-hosted by GROHE and HURUN INDIA. This accolade highlights UB Heritage’s commitment to delivering thoughtfully designed spaces that blend timeless aesthetics with practical functionality, elevating the standards of real estate in Gujarat.
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Dow Chemicals, a global materials science leader, has partnered with Mindspace Business Parks to significantly expand its industrial and logistics real estate presence in India. This strategic collaboration aims to develop state-of-the-art industrial parks and logistics hubs, catering to the growing demand fueled by India’s evolving manufacturing and supply chain sectors.
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Multinational corporations (MNCs) are increasingly seeking high-quality Grade A office spaces in India, driven by long-term growth plans and the need to provide modern workplaces for their employees. According to Rahul Sayal, Managing Director of Bharti Realty, this trend is fueling robust demand, especially in major business hubs.
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India’s rapid shift toward flexible workspaces has ignited intense competition among key providers—IndiQube, Awfis, and Smartworks. As demand surges from startups, SMEs, and large enterprises alike, these brands are racing to expand, streamline offerings, and attract investors, making the sector one of India’s hottest commercial real estate battlegrounds.
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