Industry News

Embassy REIT Ramps Up Investment for Office Space Expansion 0
- Industry News
- May 8, 2024
Embassy Office Parks REIT announces a Rs 3,800 crore investment to develop 61 lakh sq ft of premium office space in Bengaluru to expand its rental portfolio. The project, part of a broader strategy to meet rising demand, will enhance the Embassy’s 36.5 million sq ft portfolio.
READ MORE
Awfis Expands Presence in South India with 8,000 New Seats 0
- Industry News
- May 8, 2024
Awfis has expanded its footprint in South India, launching 11 new centres with 8,000 seats across Bengaluru, Chennai, Hyderabad, and Kochi. This $10 million investment boosts its national presence to 150 centres, offering modern workspaces in key business locales.
READ MORE
Embassy Group Plans IPO for WeWork India 0
- Industry News
- May 3, 2024
Embassy Group plans to take WeWork India public to capitalise on the growing demand for flexible workspaces. This IPO intends to accelerate WeWork India’s expansion and strengthen its market position, aligning with the Embassy’s strategy to support entrepreneurial communities and enhance workplace dynamics.
READ MORE

Dextrus Expands Its Footprint in Mumbai with New Coworking Space at One BKC 0
- Industry News
- April 30, 2024
Explore Dextrus Coworking’s newest 12,000 sqft space at One BKC, Mumbai, designed for productivity and convenience, featuring 300 seats and state-of-the-art amenities.
READ MORE
India’s Office Real Estate Sees Promising Growth in Early 2024 0
- Industry News
- April 30, 2024
India’s office real estate grew 13% in Q1 2024, reaching 13.40 million sq ft, led by Bengaluru, Chennai, and Hyderabad. Despite a quarterly absorption drop, sectors like IT-ITeS and BFSI thrived. New completions also rose 26% annually, promising a solid year ahead for the market.
READ MORE
Chennai Outpaces Bengaluru and Hyderabad in MNC Office Leasing 0
- Industry News
- April 30, 2024
Chennai surpassed Bengaluru and Hyderabad in MNC office leasing in 2023, securing 7 million square feet. Driven by competitive rents and robust infrastructure, Chennai’s market thrived, especially in the global capability centre sector, positioning it as a leading destination for multinational corporations.
READ MORE