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

India’s leading managed office provider, GoodWorks CoWork, has forayed into Hyderabad via a strategic partnership with Ektha Group. Launching 1.5 lakh sq ft of office space across Hitech City and the Financial District, the company also introduced SansoviGCC—its new enablement platform supporting global firms entering India’s fast-growing Global Capability Centre (GCC) ecosystem.
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Mindspace Business Parks REIT is eyeing commercial property acquisitions worth ₹500–2,000 crore across Mumbai, Pune, and Ahmedabad as part of its growth strategy. With a healthy loan-to-value ratio and rising investor confidence, the REIT is also expanding its data centre footprint and targeting higher occupancy across its premium office assets.
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Flexible workspace provider UrbanVault has expanded into Gurgaon, launching two premium centres at Paras Twin Tower on Golf Course Road. Spanning 35,000 sq. ft., the centres add 700 seats and mark the company’s entry into the Delhi-NCR market. UrbanVault plans further expansion in Gurugram and Noida with a ₹100 crore investment in FY26.
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Private equity investments in Indian real estate hit $1.7 billion across 12 deals in Q2 2025, with $706 million flowing into office assets alone, according to Knight Frank. Stabilised Grade-A spaces, credit-based residential deals, and rising investor confidence in cities like Bengaluru and Pune are driving capital inflows despite global uncertainty.
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ICICI Bank has leased 820 desks at WeWork India’s Spectrum Tower centre in Mumbai’s Malad suburb, marking a significant return to flexible workspaces. The 42,000 sq ft deal reflects rising demand from corporates for hybrid-ready offices, as flex space continues to reshape India’s commercial real estate landscape.
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BuzzWorks, the flexible workspace arm of Brigade Group, has signed a 24,000 sq ft lease with Infor India at Auro Orbit, HITEC City, Hyderabad. Designed with an “Urban Forest” theme, the centre supports BuzzWorks’ push to scale to 1 million sq ft and 1 lakh seats across India by 2030.
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