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

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.
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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.
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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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The Delhi-Meerut RRTS will transform key stations into vibrant commercial hubs with shopping, dining, and integrated parking facilities. Targeting six stations, the project invites developers to submit proposals by December 27. With 22 stations and reduced travel time to one hour, the 82-km corridor redefines transit-oriented development.
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Dextrus announced its premium workspace launch at Mint, Sahar Plaza, Andheri East, opening September 2025. Spanning 37,000 sq ft, it features bespoke offices, flexible desks, and eco-friendly infrastructure. Strategically located near JB Nagar Metro, it combines luxury, sustainability, and connectivity to create a vibrant professional community.
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Cognizant plans to sell its historic 15-acre Chennai headquarters for ₹750-800 crore by December 2024. The move marks a shift to its new India HQ at MEPZ, Tambaram, as part of consolidation efforts. The sale highlights operational streamlining amid challenges like delayed salary hikes and cost optimization initiatives.
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