Industry News

Sanofi Expands Presence in India with Major Hyderabad Office Lease 0
- Industry News
- February 3, 2025
Sanofi Healthcare India has leased 270,000 sq ft in Hitech City, Hyderabad, securing six floors in RMZ Spire-Tower 110. The INR 2.05 crore per month lease includes a five-year lock-in period and a 15% rent hike after three years, reinforcing Sanofi’s expansion strategy and commitment to India’s healthcare sector.
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Mumbai and New Delhi Among Top 10 APAC Cities for Real Estate Investment in 2025 0
- Industry News
- February 3, 2025
Mumbai and New Delhi rank 5th and 8th in CBRE’s 2025 APAC Investor Intentions Survey, highlighting India’s rising real estate appeal. Foreign investments hit $11.4 billion in 2024, with Singapore leading. Investors prioritise office spaces, data centres, and ESG projects, signalling strong growth in India’s commercial real estate sector.
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OYO-Owned Innov8 Raises ₹110 Crore to Expand Premium Coworking Presence 0
- Industry News
- February 2, 2025
Innov8, OYO’s flex space startup, raised ₹110 crore from investors like Mankind Pharma and Gauri Khan at a ₹1,000 crore valuation. The funds will fuel expansion, targeting 100 centres by 2025. With 90% occupancy and substantial profits, Innov8 is set to capitalise on India’s booming ₹9 billion flex workspace market.
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India’s Office Leasing Market Set for Record Absorption in FY2025: ICRA 0
- Industry News
- February 2, 2025
India’s office market is set for record absorption, with net leasing projected to grow 10-11% in FY2025 to 59-60 million sq. ft., according to ICRA. Vacancy rates will remain stable, while retail leasing will grow 7-9%. Rising demand from GCCs, corporates, and resilient economic factors continue to drive expansion.
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NPCI Leases Prime Office Space in Mumbai for ₹2.15 Crore Monthly 0
- Industry News
- February 2, 2025
NPCI has leased two floors in Mumbai’s Oberoi Commerz III, Goregaon East, for ₹2.15 crore per month. Spanning 115,332 sq ft, the 60-month lease includes a 15% rental hike after three years. This expansion aligns with NPCI’s strategy to strengthen India’s digital payments infrastructure and operational capabilities.
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Nuvama-Cushman & Wakefield JV Raises ₹1,700 Crore for Office Investments 0
- Industry News
- February 2, 2025
Nuvama-Cushman & Wakefield JV raised ₹1,700 crore under its Prime Offices Fund (PRIME) to invest in Grade A+ office spaces across India’s top cities. With a ₹3,000 crore target, the fund aims to shape world-class workspaces, reflecting strong investor confidence in India’s booming commercial real estate sector.
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