Industry News

UrbanVault Strengthens Tech-Driven Expansion with CTO Appointment 0
- Industry News
- February 20, 2026
UrbanVault has appointed Ashish Ambast as Chief Technology Officer to accelerate its in-house digital infrastructure and product innovation. With over 15 years of global technology experience, Ambast will lead backend scalability and automation initiatives. The move supports UrbanVault’s rapid expansion across major cities and its technology-first managed workspace strategy.
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Tata Housing Strengthens Commercial Strategy with New Leadership for Gurugram IT Parks 0
- Industry News
- February 20, 2026
Tata Housing has appointed Pankaj Tyagi as Assistant Vice President to lead IT Park projects in Gurugram. With over 20 years of experience across global developers, Tyagi will drive execution, sustainability, and delivery excellence as demand for Grade-A office and flexible workspace infrastructure continues rising across India.
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SpazeOne Expands 1 Lakh Sq Ft Flexible Workspace Footprint Across Kochi’s Key Business Hubs 0
- Industry News
- February 20, 2026
SpazeOne is expanding nearly 1 lakh sq ft of flexible office space across three locations in Kochi, adding around 1,700 seats. The expansion reflects growing demand for managed workspaces from startups and enterprises. With strong IT growth and infrastructure improvements, Kochi is emerging as a leading Tier II flexible office market.
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ICE Leases 2 Lakh Sq Ft in Pune to Expand GCC Strategy 0
- Industry News
- February 20, 2026
Intercontinental Exchange has leased nearly 193,000 sq ft of Grade-A office space in Pune’s Magarpatta Cybercity for a new global capability centre. The long-term deal reflects rising demand from multinationals for scalable campuses in India. Strong talent availability, competitive costs, and established office ecosystems continue to position Pune as a major GCC hub.
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US Firms Drive 70% of India’s GCC Demand as Leasing Hits Record 31 Million Sq Ft in 2025 0
- Industry News
- February 18, 2026
US companies accounted for 70% of India’s GCC demand between 2018 and 2025, as leasing touched a record 31 million sq ft in 2025. Tier I cities dominate with over 90% activity, while Tier II markets gain traction with 10–35% cost savings. More than 200 new GCCs entered India over the past 2 years.
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India’s Listed REITs Distribute ₹2,450+ Crore in Q3 FY26 0
- Industry News
- February 17, 2026
India’s five listed REITs distributed over ₹2,450 crore to 3.8 lakh unitholders in Q3 FY26, taking cumulative payouts past ₹29,100 crore since inception. Managing 185 million sq ft of Grade A assets, the sector’s total AUM now exceeds ₹2.5 lakh crore, reflecting steady growth and strong leasing demand.
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