Articles & Trends on Industry News - Page 27 of 85

Hyderabad’s Commercial Real Estate Booms with Record Office Space Expansion 0

Hyderabad’s real estate sector is booming, adding 17 million sq. ft. of Grade A/A+ office space in 2024—the fastest expansion in a year. The housing market saw a 14% drop in unsold inventory and a 17% price rise. Coworking demand surged 26%, solidifying Hyderabad as a commercial hub.

Awfis Reports ₹15 Cr Profit in Q3 FY24, Revenue Jumps 47% Amid Expansion 0

Awfis Space Solutions Ltd posted a ₹15.17 crore net profit in Q3 FY24, recovering from a ₹6.28 crore loss last year. Revenue jumped 47% to ₹331.46 crore. Since March 2024, Awfis has added 27,000 seats, reaching 1,20,000, with a target of 1,35,000 seats by March 2025.

Meghna Agarwal’s IndiQube Reshapes India’s Flexible Workspace Industry 0

Meghna Agarwal, Executive Director and COO of IndiQube, is revolutionizing India’s commercial real estate sector. In nine years, she has expanded IndiQube to 100+ properties across 13 cities, driving revenue to INR 867.6 Cr in FY24. Her leadership has solidified IndiQube’s dominance in flexible workspaces while proving profitability at scale.

Union Budget 2025–26: A Game Changer for India’s Commercial Real Estate?0
- Industry News
- February 21, 2025
The Union Budget 2025–26 aims to transform India’s commercial real estate sector with tax incentives, infrastructure expansion, and regulatory reforms. Experts highlight GST simplifications, lower interest rates, and rising coworking space demand. While concerns over capital expenditure persist, the budget’s pro-growth measures are expected to drive investment and innovation.
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Commercial Real Estate Confidence Grows Amid Rising Demand in APAC 0
- Industry News
- February 21, 2025
Business confidence in commercial real estate is rising, fueled by strong demand and market performance in key APAC cities. Bengaluru and Mumbai lead growth in office and retail spaces, with rising capital values and stable cap rates. Consumer activity and urban inflation shifts continue shaping the sector despite increased supply.
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RERA and Commercial Real Estate: Can Investors Seek Protection for Stalled Projects?0
- Industry News
- February 21, 2025
RERA, primarily for homebuyers, also covers commercial real estate if ownership transfer is involved. Investors can seek redress for stalled projects, but leasing agreements fall outside its scope, creating potential loopholes. Developers face increasing scrutiny to comply with RERA regulations, ensuring greater transparency in sales.
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