Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Ofis Square partners with Bollywood star Shraddha Kapoor as its first brand ambassador in India’s coworking sector. With plans to expand 10 million square feet nationwide, Ofis Square aims to mainstream flexible workspaces, targeting entrepreneurs and startups. Kapoor’s endorsement strengthens its vision to lead India’s evolving coworking market.
READ MOREFor the first time since 2019, office rental prices across India’s six largest cities have exceeded pre-pandemic levels, according to a report by Colliers India. The report reveals a steady rise in average office rents, reaching Rs 101.3 per square foot in 2024, up from Rs 99.5 per square foot in 2019. This marks a
READ MORENextra Developers’ “The Address” in Mayur Vihar Phase 1, New Delhi, offers modern office and retail spaces focusing on sustainability. With prime connectivity, eco-friendly features, and luxury amenities, it’s designed to attract businesses and investors seeking a dynamic commercial hub with long-term growth potential in East Delhi.
READ MORESara Ali Khan and Amrita Singh have purchased three office spaces in Mumbai’s Andheri West for over ₹30 crore. The transactions, registered in 2024, highlight their investment in prime commercial real estate. Mumbai’s property market has seen steady growth, with over 1 lakh registrations contributing ₹8,892 crore to the state exchequer.
READ MORERatan Tata’s humility was exemplified when he refused preferential treatment for an office cabin at Tata Steel’s Mumbai headquarters, insisting on equal treatment for his colleagues. This decision, settled by a lottery, reflects Tata’s fair leadership style, which guided the Tata Group’s growth and commitment to ethical business practices.
READ MOREGreen innovation is transforming India’s commercial real estate sector, with rising demand for sustainable office spaces. Key trends include energy-efficient buildings, water and waste management, and wellness-focused designs. Green-certified buildings offer higher rental yields and lower operating costs, creating new opportunities for developers and investors in the evolving workspace market.
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