Industry News

Office Space Supply Drops in Top Cities Despite High Demand: Colliers 0
- Industry News
- April 3, 2025
Office space supply in India’s top cities declined 1% in Q1 2025, with significant drops in Bengaluru, Hyderabad, and Mumbai, while Delhi-NCR and Pune saw growth. Despite this, leasing activity surged 15%, signalling strong demand and potential market tightening, according to Colliers India.
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Urban Vault Expands to Pune with 35,000 Sq. Ft. Managed Flex Space at Baner 0
- Industry News
- April 3, 2025
Urban Vault has expanded to Pune with a 35,000 sq. ft. managed flex space at Baner, offering 700 seats. With plans to grow across key business hubs, the company focuses on flexible, tech-integrated workspaces. It projects a Rs 120 crore turnover for 2024-25, emphasising sustainability and innovation-driven growth.
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CBRE Dominates India’s Commercial Real Estate Investment Market in 2024 0
- Industry News
- April 3, 2025
CBRE South Asia Pvt. Ltd. dominated India’s commercial real estate investment market in 2024, securing a 63.4% market share. It led multiple asset classes and retained global leadership for the 14th consecutive year. Strong investment momentum and market fundamentals continue to attract global investors to India’s real estate sector.
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IndiQube Spaces Set for ₹850-Crore IPO After SEBI Green Light 0
- Industry News
- April 3, 2025
IndiQube Spaces has secured SEBI approval for an ₹850-crore IPO, including a ₹750-crore fresh issue and ₹100-crore offer for sale. The funds will support expansion, debt repayment, and corporate needs. Backed by WestBridge Capital, IndiQube aims to tap into India’s growing demand for flexible workspaces amid the hybrid work boom.
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Incuspaze Expands with FlexLeaze to Transform Enterprise Leasing 0
- Industry News
- April 3, 2025
Incuspaze has launched FlexLeaze, a new leasing segment for large and mid-sized enterprises. Led by CEO Rahul Sarin, it offers fit-out leasing solutions, enabling businesses to access premium office spaces without ownership. This expansion reinforces Incuspaze’s leadership in India’s flexible workspace sector, targeting 5 million sq. ft. by 2025.
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Dev Accelerator Expands IPO Plans, Strengthening Flexible Office Offerings 0
- Industry News
- April 3, 2025
Dev Accelerator has refiled IPO papers with SEBI, increasing its fresh issue size to 2.75 crore shares. Competing with Awfis Space Solutions, the company plans to use proceeds for expansion and corporate needs. With 25 centres across 11 cities, it aims to strengthen its presence in India’s coworking sector.
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