Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
India’s office leasing market is set to grow by 8-10% in FY26, fueled by demand from BFSI, IT/ITES, and GCCs. Delhi-NCR leads the surge, with Noida and Gurugram emerging as prime business hubs: improved infrastructure, flexible office spaces, and investor confidence drive commercial real estate expansion.
READ MORECorporatEdge, a leading provider of premium flexible workspaces, has announced a significant expansion in Bengaluru with a ₹100 crore investment. The company plans to open six new centres, adding 200,000 sq. ft. of workspace and over 2,400 seats to meet the city’s growing demand for high-end, agile office solutions.
READ MOREPratyush Pandey has resigned as CEO of Upflex India, a leading coworking marketplace. Upflex entered India in 2021 through a partnership with Anarock, expanding across multiple cities. Pandey, who played a key role in this expansion, confirmed his resignation but did not disclose his plans.
READ MORENukleus Office Solutions’ IPO received a lukewarm response, reaching 41% subscription on Day 1. Retail investors subscribed 61%, while NIIs lagged at 21%. The company aims to raise ₹31.7 crore at ₹234 per share. With steady financial growth, its BSE SME listing is set for March 4.
READ MOREOfis Square, a leading provider of coworking and fully managed office spaces is making a bold move in the ICC Champions Trophy 2025. By securing strategic ad placements in key India matches, the brand aims to boost visibility among professionals, entrepreneurs, and businesses while tapping into the tournament’s massive audience.
READ MOREIndia’s real estate market is rapidly growing, projected to hit $1.28 trillion by 2035 at a 24.29% CAGR. Foreign investments are surging, with 55% of Q1 2024 inflows from global investors. Office leasing, affordable housing, and tech-driven developments fuel this boom, solidifying India’s global position.
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