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

Table Space has launched a 30,000 sq ft premium workspace in Mumbai at Raheja Altimus, Worli, expanding its footprint in the city. The company now operates over 75 centres across seven Indian cities, with a portfolio of 10.5 million sq ft of custom workspaces as of December 2024.
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Mumbai’s GST department has ordered HDFC and ICICI Bank to provisionally attach Awfis’ bank accounts over alleged excess ITC claims of Rs 4.42 crore for October 2024. Awfis clarified the amount was initially claimed but reversed after a Supreme Court ruling, which was later overturned in January 2025.
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India’s office space supply reached a record 515 lakh square feet in 2024, with leasing activity hitting 707 lakh square feet, driven by demand from IT-ITeS and global capability centres. While Chennai’s supply declined, Hyderabad, Bengaluru, and Delhi-NCR saw significant growth. The IT sector continues to lead leasing activity.
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India’s office space supply reached 515 lakh sq ft in 2024, fueled by strong demand for IT-ITeS and global capability centres. Leasing activity surged to 707 lakh sq ft, up 16% from 2023. Hyderabad, Bengaluru, and Delhi-NCR saw significant growth, while Chennai experienced decline. The IT sector continues to lead.
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Delhi’s office market is poised for significant growth, with net absorption expected to reach 8.3-8.4 million square feet by 2025. The rise in demand for high-quality office spaces, flexible workspaces, and improved connectivity, alongside intense leasing activity, is driving rent increases and attracting investors to the region.
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WoCO has unveiled WoCO One, a luxurious and sustainable commercial space in Gurugram. Combining cutting-edge technologies, eco-friendly designs, and a prime location, WoCO One sets a new benchmark in workspace leasing, offering modern businesses a blend of innovation, sustainability, and luxury in a prestigious environment.
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