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

GSK unveils a smart office in Gurgaon, redefining workspaces with a human-inspired design. It fosters collaboration and productivity and has flexible seating, cabin-less layouts, and tech-enabled spaces. Inspired by the heart, vein, brain, and skin, this innovative office symbolizes GSK’s commitment to employee well-being, creativity, and a dynamic work environment.
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Gurgaon emerges as India’s commercial real estate hotspot, offering strategic connectivity, premium office spaces, and a vibrant business ecosystem. With cutting-edge infrastructure, government support, and over 250 Fortune 500 companies, the city attracts global firms seeking innovation and growth. Its affordable Grade-A spaces and hybrid work solutions redefine modern business environments.
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Nippon Life India Asset Management invests ₹486 crore in two premium office spaces at One Lodha Place, Lower Parel, Mumbai. The acquisition reflects Mumbai’s rising demand for Grade-A commercial hubs. Backed by Nippon Life Insurance, NAM India strengthens its presence in India’s financial capital, targeting innovation and excellence in real estate expansion.
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BHIVE Workspace partnered with Century Real Estate to acquire 39,753 sq. ft. in Bengaluru for INR 3.54 crore. The premium property on Old Airport Road adds 1,000+ seats, enhancing offerings for startups and enterprises. This expansion supports BHIVE’s aggressive growth strategy, targeting six major cities and redefining India’s coworking landscape with innovation and flexibility.
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India has become a global hub for GCCs, leasing 28.8 million sq ft of office space between Q1 2023 and Q2 2024. Driven by a cost-effective talent pool and world-class infrastructure, GCCs occupy nearly half of India’s prime office inventory, with U.S. firms leading this transformation toward innovation and R&D.
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Innov8 plans to raise ₹100 crore to double its coworking centres to 100 by next year. The funds will drive growth through acquisitions, partnerships, and tech upgrades. With 350+ brands and newly managed office ventures, Innov8 is positioned to lead India’s booming coworking sector amid rising demand for flexible workspaces.
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