Industry News

Corporates Embrace Flexibility in Hybrid Work Model 0
- Industry News
- July 4, 2024
India Inc. is increasingly adopting flexible workspaces, with 58% of companies expected to allocate over 10% of their office portfolios to these spaces by 2026. Domestic occupiers lead this trend, driven by skilled workers and cost efficiencies. Major firms plan significant portfolio expansions, favouring an office-first approach.
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MVN Aero One Mall Leases 3 Lakh Sq Ft to Spring House Co-Working in Gurugram 0
- Industry News
- July 4, 2024
MVN Aero One Mall leases 3 lakh sq ft to Spring House Co-Working in Gurugram. This integration of premium co-working spaces within a retail environment offers a dynamic work-life balance. Strategically located on Dwarka Expressway, it features future-ready infrastructure and plans for luxury residential projects, setting new standards in commercial real estate.
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Smartworks Secures Rs 168 Crore For Expansion!0
- Industry News
- July 4, 2024
Smartworks raises Rs 168 crore from investors, including Keppel Limited, to fuel its expansion. With new centres added in major cities, the company now operates 41 centres across 13 cities. Founder Neetish Sarda and Keppel Ltd CEO Louis Lim highlight continued growth and leadership in India’s managed workspace industry.
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BHIVE Workspace Eyes IPO Within Two Years 0
- Industry News
- July 1, 2024
BHIVE Workspace is planning an IPO within two years, focusing on expansion and achieving ₹500 crore in revenue. Check out their growth strategies and plans.
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Cushman & Wakefield Launches GCC Advisory to Transform India’s Real Estate 0
- Industry News
- June 28, 2024
Cushman & Wakefield has launched an advisory platform to help multinational companies establish Global Capability Centres (GCCs) in India and beyond. With India expected to host over 2,400 GCCs by 2030, this initiative aims to capture 75% of the market, driving significant demand for office space and transforming the real estate sector.
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WeWork India Unveils ₹400 Crore Annual Capex Plan for Major Expansion.0
- Industry News
- June 28, 2024
WeWork India plans a ₹400 crore annual capex to expand by 2 million sq ft annually in major cities. With robust financial growth and strategic funding, it recently launched a 130,000 sq ft workspace in Chennai. Despite WeWork Global’s challenges, WeWork India remains strong, projecting significant future revenue growth.
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