Industry News

MMRDA Leases Prime BKC Land to NSE for ₹758 Cr, Boosting Mumbai’s Commercial Real Estate 0
- Industry News
- April 9, 2025
The Mumbai Metropolitan Region Development Authority (MMRDA) has allotted a 5,500 sq m plot in BKC to the National Stock Exchange (NSE) for ₹757.9 crore. The land will support NSE’s expansion with a new office building, highlighting growing demand in Mumbai’s commercial real estate sector.
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Anarock Sees 3% Decline in Real Estate PE, Office Space Hit Hardest 0
- Industry News
- April 9, 2025
Private equity investments in Indian real estate fell by 3% to $3.7 billion in FY25, according to Anarock. The drop was driven by reduced office space funding while warehousing gained traction. Foreign investors dominated, and hybrid deal structures significantly rose amid global economic uncertainty.
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India’s Flex Space Market Eyes Tier-II Boom as Metros Hit Saturation 0
- Industry News
- April 9, 2025
India’s flexible office space market is shifting significantly, with Tier-II and III cities like Jaipur, Kochi, and Indore emerging as key growth hubs. Driven by rising metro costs and hybrid work trends, demand in these smaller cities is expected to grow 15–20% annually through FY2025.
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India’s Office Market Surges as Awfis Rides the Flex-Space Wave 0
- Industry News
- April 9, 2025
India’s commercial real estate is booming and driven by GCCs and startups. Co-working leader Awfis posted 41% growth in FY25, fueled by flexible workspace demand and an asset-light model. With rapid expansion and high returns, Awfis is reshaping India’s office space landscape in metro and tier-1 cities.
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WeWork India Launches Design-Driven Workspace in Mumbai’s Powai 0
- Industry News
- April 9, 2025
WeWork India has launched WeWork Lightbridge in Powai, Mumbai, adding nearly 2,000 desks to its flexible workspace portfolio. Blending innovative design with strategic location benefits, the new centre caters to rising demand from businesses and GCCs, offering premium amenities and seamless connectivity for teams of all sizes.
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India’s Rs 45,000 Cr Office Retrofit Boom: Key Cities Lead the Charge 0
- Industry News
- April 7, 2025
India’s top office hubs are set to unlock a ₹45,000 crore investment opportunity through retrofitting outdated office spaces. Cities like Bengaluru, Delhi NCR, Mumbai, and Hyderabad lead this transformation, aiming to modernize 530 million sq. ft of office stock and boost rental yields by up to 50%.
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