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

315Work Avenue has appointed Gitanjali Rathnasabapathy as Vice President – Sales, South India, to accelerate business growth and strengthen enterprise client engagement. With experience across CBRE, JLL, Simpliwork, and Smartworks, she joins as the coworking operator expands its footprint across key markets and capitalises on growing demand for flexible workspace solutions.
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Tata Consultancy Services has renewed a 10-year lease for nearly 1.47 million sq. ft. at Chennai One IT SEZ, committing approximately ₹1,420 crore in rent. The deal underscores sustained demand for large-scale office campuses and strengthens Chennai’s position as a key technology and commercial real estate hub.
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Ceratec Group has unveiled plans for a 10 lakh sq. ft. built-to-suit commercial project in Pune’s Wakad micro-market with an estimated revenue potential of ₹1,000 crore. Designed for GCCs, technology companies, corporate headquarters, and large enterprises, the development highlights the rising demand for customised, scalable, and future-ready office environments in India.
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AFC Furniture Solutions is accelerating its Karnataka expansion plans, targeting 30% revenue growth in FY 2026-27. Driven by Bengaluru’s strong office market, GCC growth, and rising demand for sustainable workplace infrastructure, the company plans to strengthen operations across key cities while expanding partnerships with developers, architects, and corporate occupiers.
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Google India has leased over 6.2 lakh sq. ft. of office space at DLF Atrium Place Tower 1 in Gurugram. The deal highlights strong demand for Grade A office assets, strengthens Gurugram’s position as a leading corporate hub, and reflects continued confidence in physical workplaces despite evolving work models.
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Flexible workspace operator Incuspaze has acquired coworking firm iKeva through a 100% buyout, strengthening its presence in Hyderabad and Bengaluru. The deal adds nearly ₹100 crore in annual revenue, supports enterprise and GCC demand, and aligns with the company’s plans for a potential IPO within the next 24–36 months.
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