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

McDonald’s has leased 1.56 lakh sq ft at RMZ Nexity, HITEC City, Hyderabad, for ₹1.43 crore/month to establish its first Global Capability Centre in India. This strategic move reinforces Hyderabad’s status as a top GCC destination amid growing demand from global firms and robust absorption across the city’s office market.
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CorporatEdge launches ‘The India Centre’ at WTC Nauroji Nagar, Delhi, adding 42,000 sq. ft. to its premium workspace portfolio. Designed for GCCs and global firms, the centre blends five-star hospitality with future-ready infrastructure, reinforcing CorporatEdge’s position as a leading provider of high-performance, flexible offices in India’s top business hubs.
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Goa is reimagining work by launching beachside coworking hubs, expanding tech infrastructure, and supporting startups through subsidies and innovation clusters. With nearly 600 startups, a rising GCC presence, and a focus on AVGC and deep tech, the state is positioning itself as India’s next creative and tech-driven workspace destination.
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India’s coworking sector is evolving rapidly, driven by hybrid work, PropTech innovation, ESG priorities, and expansion into Tier 2 and 3 cities. As large enterprises embrace flexible spaces, traditional offices are being reimagined. Innovative, sustainable, and adaptable workspaces are shaping the future of commercial real estate nationwide.
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Tesla has leased a flagship showroom in Mumbai’s BKC at a record INR 881/sq ft and a 30-seater office in Kurla to kickstart operations in India. These strategic moves support local hiring, EV sales, and regulatory setup, aligning with India’s electric mobility push and signalling Tesla’s long-term commitment.
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Pune’s office market set new benchmarks in Q1 2025 with 2.07 million sq ft net absorption and a record 3.5 million sq ft gross leasing. Driven by BFSI and flex space demand, the city added 3.2 million sq ft of Grade-A supply, maintaining its position as India’s second-tightest office market.
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