Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Bata India has unveiled its largest eco-friendly headquarters in Gurugram, celebrating 130 years of global excellence. The sustainable office, featuring smart technology and innovative design, promotes collaboration and employee wellbeing while earning Platinum LEED and GRIHA certifications. Bata’s new workspace exemplifies its commitment to sustainability and a future-focused vision.
READ MOREBollywood actor Ajay Devgn has renewed the lease for two commercial units in Mumbai’s Andheri area for ₹4.16 lakh per month. The five-year lease extension adds to Devgn’s growing real estate portfolio, which includes high-value office spaces in Mumbai. It highlights a trend of Bollywood stars investing in commercial properties.
READ MOREAwfis Space Solutions, a leading co-working provider in India, has gone public, leveraging its innovative profit-sharing model. Chairman Amit Ramani highlights investor confidence, growth in Tier II cities, and the rising demand for flexible workspaces as key drivers behind the company’s expansion, despite challenges posed by the pandemic and global competitors.
READ MOREWeWork India has launched its 61st building, WeWork 37 Cunningham, a 61,120 sq ft premium office space in Bengaluru. It features 891 desks and caters to large enterprises and C-suite executives with sustainable design, concierge services, and ISO certification support. WeWork now manages over 90,000 desks across eight cities.
READ MOREIn Nikhil Kamath’s latest podcast episode, WTF is Indian Real Estate Giants Up To?, industry leaders Irfan Razack, Nirupa Shankar, and Karan Virwani discuss the evolution of India’s real estate sector, opportunities for entrepreneurs, and the challenges of managing family-run businesses. The episode offers key insights into modern workspace trends and succession strategies.
READ MOREAccording to Knight Frank, Nariman Point, Mumbai’s iconic commercial hub, is expected to double office rents by 2030, rising from Rs 569 to Rs 1,091 per sq ft. The area’s resurgence is driven by infrastructure upgrades, growing demand for premium office space, and strong investor interest.
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