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Awfis Space Solutions Set for 44% Growth, ICICI Securities Raises Target Price 0
- Industry News
- December 21, 2024
ICICI Securities raises Awfis Space Solutions’ target price to ₹1,049, indicating 44% growth potential. Backed by a unique asset-light model, 31% revenue CAGR, and 53% EBITDA CAGR (FY24–27), Awfis is expanding rapidly despite market competition and potential office leasing slowdowns.
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Welspun to Develop India’s Tallest Urban Distribution Center in Thane 0
- Industry News
- December 20, 2024
Welspun partners with WTCA to develop India’s tallest mixed-use urban distribution centre in Thane. Spanning 1 million sq ft across 14 levels, this ₹800 crore project integrates retail, office spaces, F&B, and logistics, setting new benchmarks for urban commercial real estate and sustainable infrastructure.
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Incuspaze Secures 1,00,000 SqFt at Gurugram’s HQ27 to Expand Flexible Workspace Offerings 0
- Industry News
- December 20, 2024
Incuspaze has leased 100,000 square feet at HQ27 in Gurugram, providing over 1,500 premium workspaces in a Grade A facility. The office is equipped with modern amenities, offers strategic connectivity, and features a design focused on sustainability. This expansion enhances Incuspaze’s presence across India, responding to the growing demand for flexible office spaces.
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WeWork India Expands with New Leases in Gurugram and Chennai 0

WeWork India expands with new leases in DLF Cybercity, Gurugram, and Chennai, adding 3.43 lakh sq ft and over 3,300 desks. Scheduled to open in 2025, the move highlights rising demand for flexible workspaces. With FY24 revenue up 26.7% to ₹1,665 crore, WeWork leads India’s coworking market.

Innov8 launches its largest flex space centers in Mumbai in 2 lac sq ft 0

Innov8 opens two flagship centers in Navi Mumbai and Andheri, offering 2 lakh sq. ft. of premium flex space with 3,000 seats. Strategically located, they cater to startups, enterprises, and freelancers, fostering productivity with vibrant, future-ready workspaces.

Bank of America Secures 1.60 Lakh Sq Ft Office Space in Mumbai’s Powai for ₹3.5 Billion 0

Bank of America leases 160,000 sq ft in Mumbai’s Powai for ₹3.5 billion, with options to expand to 250,000 sq ft. The 12-year deal reflects growing demand from BFSI Global Capability Centres. This relocation and expansion highlight Mumbai’s rising prominence as a hub for international financial services operations.

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