Industry News

WeWork India Expands: Hits 1 Lakh Desks Nationwide with New Bengaluru Centre 0
- Industry News
- December 10, 2024
WeWork India achieves a milestone with 1 lakh operational desks nationwide, inaugurating a 1.1 lakh sq ft centre in Bengaluru. Expanding further, it plans new workspaces in Gurugram and Chennai by 2025. With a presence in eight cities, WeWork continues shaping India’s flexible workspace landscape, catering to evolving workforce needs.
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Tamil Nadu Leverages Land Bank for Office Space Development in Chennai 0
- Industry News
- December 9, 2024
Tamil Nadu is tapping into its land bank to develop 30 Grade-A office spaces near metro stations in Chennai, addressing rising demand. With 10.8 million sq. ft. absorbed in 2023, the state eyes GCC growth, offering incentives to attract global firms. Chennai ranked third in GCC leasing, driving strategic economic expansion.
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India’s Office Rental Market Grows, Pune Leads the Way 0
- Industry News
- December 9, 2024
India’s first Commercial Property Rental Index reveals a 3.6% CAGR in office rentals over five years. Pune leads with 6.9% growth, followed by Chennai and Bengaluru. The index highlights post-pandemic recovery, consistent growth in Bengaluru, and emerging trends, positioning India’s office market for sustained growth.
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Equinox India Launches First ‘Embassy’ Project in Mumbai Suburbs 0
- Industry News
- December 5, 2024
Equinox India, formerly Indiabulls Real Estate, debuts under the ‘Embassy’ banner with the launch of Embassy One in Thane. Backed by ₹3,911 crore investment from Embassy Group and partners, the company plans premium projects in MMR, Bengaluru, and Chennai while awaiting NCLAT’s decision on its merger with Embassy Group.
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Chennai Poised for GCC Boom: Over 450 Centres by 2030, Says CBRE 0
- Industry News
- December 5, 2024
Chennai is set to host 450+ Global Capability Centres (GCCs) by 2030, up from 250 today, driven by premium office spaces, skilled talent, and proactive policies. CBRE’s report highlights Chennai’s ranking as India’s third-largest GCC leasing market, with robust growth in office absorption and strategic appeal for global corporations.
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Onward Workspaces and Lenskart Partner for 14,000 Sq. Ft. Managed Office in Okhla 0
- Industry News
- December 4, 2024
Onward Workspaces partners with Lenskart to deliver a 14,000 sq. ft. managed office in Okhla Phase 3, Delhi. The bespoke space, accommodating 300 employees, reflects Lenskart’s brand identity. With ₹1,800 per sq. ft. investment, Onward advances its mission to provide premium, flexible workspaces, aligning with the growing demand for dynamic office solutions.
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