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  • Awfis Space Solutions: IIFL’s Top Bet in Flexible Workspaces

    Awfis Space Solutions: IIFL’s Top Bet in Flexible Workspaces0

    Awfis Space Solutions, India’s leading flexible workspace provider, is set to double its capacity by FY27, driven by strong demand and its innovative managed aggregation model. With a ‘buy’ rating from IIFL Securities, Awfis projects a 33% CAGR in seat additions and 55% EBITDA growth, solidifying its leadership in the booming flex workspace industry.

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  • BFSI and Flex Spaces Propel India’s Office Space Demand in Q3 FY24

    BFSI and Flex Spaces Propel India’s Office Space Demand in Q3 FY240

    BFSI and flex spaces drove 39% of India’s office space absorption in Q3 FY24, while IT-ITeS demand declined. Southern cities dominated, with Bengaluru leading at 36%. Pan-India vacancy dropped to 14.8%, and new completions rose 3%. Hyderabad topped new supply, reflecting robust growth amid evolving workspace trends and economic resilience.

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  • Awfis to Design and Manage 1.65 Lakh Sq Ft Office for NSE in Mumbai

    Awfis to Design and Manage 1.65 Lakh Sq Ft Office for NSE in Mumbai0

    Awfis Space Solutions will design, build, and manage 1.65 lakh sq ft of office space for NSE in Mumbai’s Adani Inspire building, expanding its footprint in BKC. The deal reflects Awfis’ leadership in the flex space sector, which is driven by rising demand and strong financial growth, including a 40.5% revenue surge.

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  • Hyderabad to Welcome South India’s Tallest Commercial Tower

    Hyderabad to Welcome South India’s Tallest Commercial Tower0

    Brigade Group is set to transform Hyderabad’s skyline with South India’s tallest tower in Kokapet. Rising over 200 meters, the landmark will feature World Trade Center-branded office spaces, a seven-story Orion Mall, and a luxury Intercontinental hotel, redefining urban sophistication and boosting Hyderabad’s status as a global business destination.

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  • CapitaLand Secures SGD 1 Billion for India Growth Fund with Daibiru’s Support

    CapitaLand Secures SGD 1 Billion for India Growth Fund with Daibiru’s Support0

    CapitaLand Investment (CLI) secures over SGD 1 billion for its India Growth Fund 2 (CIGF2) with Daibiru Corporation’s SGD 131 million investment. Focused on premium business parks, CIGF2 targets India’s gateway cities. Backed by Mitsubishi Estate, CLI’s asset-light model attracts global tenants and underscores international confidence in India’s commercial real estate market.

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  • Amazon India’s Headquarters Relocation to Cut Costs Significantly

    Amazon India’s Headquarters Relocation to Cut Costs Significantly0

    Amazon India is relocating its Bengaluru headquarters to reduce costs, saving nearly ₹8 crore annually on rent. The move affects 5,000 employees and raises challenges for landlord Brigade Enterprises. Meanwhile, Amazon’s logistics and payments units show steady growth, and its wholesale division reduces losses amid stricter FDI regulations in India.

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