Industry News

India’s Coworking Boom: Record 2.24 Lakh Seats Rented in 2024 0
- Industry News
- February 21, 2025
India’s coworking sector experienced record growth in 2024, with operators renting 2.24 lakh seats across eight major cities, driven by corporate demand for managed offices. Bengaluru led, followed by Pune and Delhi-NCR. As enterprises embrace a ‘Core+Flex’ strategy, flexible workspaces are poised for further expansion.
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Workie Fuels Growth with Fresh Funding and Strategic Acquisitions 0
- Industry News
- February 21, 2025
Workie, a growing flexible office space sector player, has secured funding from Arihant Capital to fuel its expansion. The startup has also acquired Karyasthal Coworking and Antares Business Centre in Indore, strengthening its market presence. Meanwhile, global startup collaborations and financial sector acquisitions are reshaping the industry landscape.
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Union Budget 2025: Five Key Ways It Impacts the Real Estate Sector 0
- Industry News
- February 19, 2025
Union Budget 2025 introduces key measures impacting real estate, including tax relief, a ₹15,000 crore affordable housing fund, and ₹15.5 lakh crore for infrastructure. It also boosts rental markets, Global Capability Centers (GCCs), and hospitality investments. These policies will drive commercial and residential growth, supporting India’s $7 trillion economic vision.
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India’s Real Estate Sector Set for Trillion-Dollar Growth by 2047 0
- Industry News
- February 19, 2025
India’s real estate market is projected to reach $5.8 trillion by 2047, contributing 15.5% to GDP. Fueled by urbanisation, infrastructure growth, and strong investments, the sector is expanding across residential, commercial, and retail spaces. Domestic Institutional Investors (DIIs) continue driving momentum, ensuring sustained growth despite global market fluctuations.
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KIIFB’s ₹90 Crore Office Plan Raises Questions Amid Financial Constraints 0
- Industry News
- February 18, 2025
KIIFB plans a ₹90 crore office building despite mounting financial strain and underutilised government spaces. The agency spent ₹3,505 crore on debt repayment in 2023-24, with several projects still stalled. As the government reevaluates KIIFB’s revenue model, concerns over costly infrastructure investments amid shifting global work trends grow.
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Bengaluru Leads India’s Office Leasing Market in 2024, Sustainability Gains Traction 0
- Industry News
- February 18, 2025
Bengaluru led India’s office leasing market in 2024 with 21.8 million sq. ft. of absorption, driven by GCCs, tech firms, and flexible space operators. Pan-India leasing hit 79 million sq. ft., with sustainability gaining traction—56% of leases in green-certified buildings. 2025 trends include GCC expansion, flexible spaces, and eco-friendly developments.
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