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

Bhubaneswar’s coworking market is expanding rapidly as startups, freelancers and SMEs embrace plug-and-play workspaces for their flexibility. Growing demand across key business hubs, combined with fully serviced office solutions and scalable leasing options, is strengthening the city’s position as one of eastern India’s emerging startup and commercial office destinations.
READ MORE
Large office transactions contributed 59% of India’s total office leasing during H1 2026, according to Knight Frank. Demand from multinational companies, Global Capability Centres (GCCs) and technology firms continues to drive the market, encouraging developers to deliver premium Grade A office spaces with sustainability, flexibility and future-ready infrastructure.
READ MORE
Lloyds Realty has signed a 15-year lease with Smartworks for its entire 182,300 sq ft commercial tower, The Square, in Mumbai’s Andheri East. The deal is expected to generate over ₹600 crore in rental revenue, strengthening the developer’s commercial portfolio while highlighting continued demand for premium managed office spaces.
READ MORE
Ahmedabad’s office market is witnessing rising demand for mid-sized workspaces, with leasing activity between 50,000 and 100,000 sq. ft. recording strong growth during H1 2026. Businesses are increasingly prioritising flexibility and cost efficiency, positioning the city as an emerging commercial real estate destination supported by sustainable urban development.
READ MORE
Bagmane Office Parks REIT plans to add 2.5–3 million square feet of office space every year while targeting a twofold portfolio expansion over the next five years. Strong leasing demand from multinational companies and GCCs, combined with a healthy development pipeline, continues to strengthen confidence in India’s commercial office market.
READ MORE
Smartworks reported its first quarterly profit in Q1 FY27, posting a net profit of ₹13.14 crore and a 44% rise in revenue. Growth was driven by increasing demand from large enterprise clients and multi-city occupiers. The company also announced plans for the world’s largest managed office campus in Pune.
READ MORE



