Industry News

Smartworks Expands in Hyderabad with Massive 2.2 Lakh Sq Ft Lease at DLF Cyber City 0
- Industry News
- March 20, 2025
Smartworks has leased 2.2 lakh sq ft at DLF Cyber City, Hyderabad, expanding its total footprint to over 10 lakh sq ft. It marks its fourth centre in Hyderabad, reinforcing its position in the flexible workspace sector.
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Tesla Leases Prime Showroom Space in Mumbai’s BKC for ₹23.38 Crore 0
- Industry News
- March 16, 2025
Tesla has secured a 4,000 sq ft showroom in Mumbai’s Bandra Kurla Complex (BKC) for ₹23.38 crore over five years. The lease, registered in February 2025, includes two parking spaces and features a 5% annual rent escalation clause. BKC remains India’s most expensive commercial district, attracting global giants.
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BNP Paribas Leases Office in Mumbai’s BKC at Record ₹811 per Sq Ft 0
- Industry News
- March 16, 2025
BNP Paribas has leased 3,497 sq ft at Maker Maxity, BKC, for ₹811 per sq ft per month, totalling ₹28.36 lakh monthly. The five-year lease includes a 5% annual rent escalation. This follows Tesla’s recent ₹881 per sq ft lease, reinforcing BKC’s status as India’s costliest office market.
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DLF to Invest ₹6,000 Crore in Gurugram’s Office and Retail Expansion 0
- Industry News
- March 16, 2025
DLF’s rental arm, DCCDL, is investing ₹6,000 crore to develop 7.5 million sq ft of Grade A+ office and retail spaces in Gurugram. Driven by rising demand from global firms and GCCs, the expansion includes DLF Downtown and DLF Mall of India, reinforcing DLF’s leadership in India’s commercial real estate.
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India’s Office Space Supply Hits Record High in 2024 0
- Industry News
- March 12, 2025
India’s office market reached an all-time high in 2024, with 515 lakh sq ft of new office space added across seven major cities. Despite economic challenges, demand for Grade-A spaces remained strong. Hyderabad and Bengaluru led new completions while rental prices steadily increased.
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India Powers 16% Surge in APAC Office Demand, Market Growth Poised for 2025 0
- Industry News
- March 12, 2025
India drove 16% YoY growth in APAC’s office demand, leasing 37 million sq ft in H2 2024. Tech firms and flex operators fueled leasing, while new supply rose 7% YoY. Experts predict continued growth in 2025, increasing demand for modern, flexible, and sustainable office spaces.
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