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

Embassy Office Parks REIT has leased 2.07 lakh sq ft of office space to cybersecurity firm Rubrik at Embassy TechVillage, Bengaluru. Facilitated by Colliers, the deal supports Rubrik’s expansion in India. Embassy REIT, India’s first listed REIT, boasts a 511 lakh sq ft portfolio across major cities, including Bengaluru.
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ICICI Bank leases 1.29 lakh sq ft in Navi Mumbai’s Arihant Aura for ₹9 crore annually, spanning four floors with a nine-year tenure. The deal highlights Turbhe’s rising prominence, which is fueled by infrastructure developments. Part of India’s record-breaking 2024 leasing boom reflects strong demand from BFSI and other key sectors.
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Bollywood heartthrob Kartik Aaryan, fresh off a successful 2024 with hits like Chandu Champion and Bhool Bhulaiyaa 3, has kicked off 2025 by making notable additions to his real estate portfolio. The actor has acquired two properties in Mumbai’s bustling Andheri locality—a high-end apartment and a commercial space spanning over 2,000 square feet.
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India’s commercial real estate surged in 2024, with 52 million sq ft Grade-A office absorption, led by Gurugram and Noida. Infrastructure projects like Dwarka Expressway and Noida International Airport boosted demand for premium office and retail spaces. Strong corporate interest positions these regions for continued growth in 2025.
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Bengaluru’s real estate market will grow in 2025, driven by northern and eastern micro-markets, improved metro connectivity, and strong residential demand. Developers embrace vertical growth while challenges like e-khata delays and approval timelines persist. Key projects by Shriram Properties and others highlight the city’s rising real estate momentum.
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WeWork India has leased 1.26 lakh sq ft in Mumbai’s Andheri East, expanding its portfolio to over 8 million sq ft across 62 locations. The move highlights India’s growing demand for flexible workspaces, driven by hybrid work models and rising commercial real estate momentum in key markets post-pandemic.
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