Industry News

Smartworks Expands Enterprise Presence with ₹55 Crore Pune Workspace Deal for L&T Technology Services 0
- Industry News
- July 21, 2026
Smartworks has signed a five-year agreement to provide over 1,100 managed office desks to L&T Technology Services in Pune. The ₹55 crore deal expands the partnership to 2,750 seats, highlighting the growing preference among large enterprises for flexible workspaces that offer scalability, operational efficiency, and faster office deployment.
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India’s Office Market Tightens as Vacancy Falls to 12.9%, Paving the Way for Higher Rentals 0
- Industry News
- July 21, 2026
India’s commercial office market is entering a stronger growth cycle, with vacancy levels falling to 12.9% across the top seven cities. Despite a slight decline in leasing activity during Q2 2026, healthy demand from IT, BFSI, flexible workspace operators, and GCCs continues to support rental growth and long-term market stability.
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Smartworks Signs ₹58 Crore Enterprise Workspace Deal for 930 Seats in Pune 0
- Industry News
- July 15, 2026
Smartworks Coworking Spaces has leased 930+ seats in Pune to the Indian subsidiary of a UK-headquartered technology and professional services company. The five-year agreement is valued at ₹58 crore, taking the client’s total footprint with Smartworks beyond 1,730 seats and reinforcing the growing demand for enterprise-managed office solutions.
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Executive Centre India Leases 115,000 Sq. Ft. at Worldmark 6 in ₹309 Crore Deal 0
- Industry News
- July 15, 2026
Executive Centre India has leased nearly 115,000 sq. ft. at Worldmark 6 in Delhi’s Aerocity for ₹309 crore over nine years. The deal highlights strong demand for premium Grade A office space, rising interest from flexible workspace operators, and continued growth in India’s commercial real estate market despite limited supply.
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Bengaluru Office Leasing Drops 21% in H1 2026, but GCCs and Flexible Workspaces Keep India’s Market Resilient 0
- Industry News
- July 15, 2026
Bengaluru’s office leasing declined 21% to 9.37 million sq. ft. in H1 2026 due to slower corporate decision-making amid global uncertainty. However, India’s office market remained stable, with GCCs accounting for 41.7% of leasing activity, while coworking operators achieved a record 10.23 million sq. ft. of space absorption.
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Hyderabad Office Leasing Hits Record 7.5 Million Sq. Ft. in H1 2026 on Strong GCC Demand 0
- Industry News
- July 14, 2026
Hyderabad recorded its highest-ever first-half office leasing volume of 7.5 million sq. ft. in H1 2026. GCCs accounted for 45% of total leasing, while vacancy levels fell to 11.5% and office rents increased by 7%. The city’s residential market also remained stable with steady sales and launches.
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