Industry News

91Springboard Expands Its Footprint with a New Hub in Hyderabad’s HITEC City 0
- Industry News
- September 27, 2024
91Springboard expands its presence in Hyderabad with a new 48,000 sq. ft. hub in HITEC City, offering flexible workspace solutions for medium and large businesses. Located in Raheja Commerzone Hetero Tower, this is 91Springboard’s 31st hub in India, providing modern amenities and tailored office spaces to enhance productivity.
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BHIVE Appoints Venkatesh Shenoy as COO to Drive Growth in Managed Office and Coworking Operations 0
- Industry News
- September 27, 2024
BHIVE appoints Venkatesh Shenoy as Chief Operating Officer (COO) to lead its managed office and coworking operations. With 18 years of experience in operations and supply chain management, Shenoy will focus on scaling operations and expanding BHIVE’s footprint to become India’s top real estate company.
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India Sees 54% Growth in Large Office Space Leasing in 2024 0
- Industry News
- September 26, 2024
India’s commercial real estate saw a 54% year-on-year increase in large office space leasing in H1 2024, driven by corporate expansion and Global Capability Centres (GCCs). Bengaluru led with 4.5 million sq ft leased. Mid-sized office spaces grew by 70%, and flexible workspaces remain crucial for IT and startups.
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Morgan Stanley Secures ₹2,122 Crore Office Lease in Mumbai’s Oberoi Commerz III 0
- Industry News
- September 26, 2024
Morgan Stanley has secured a 1.1 million sq ft office space lease in Mumbai’s Oberoi Commerz III for ₹2,122 crore, marking India’s largest office lease deal this year. The nearly 10-year agreement reflects the growing demand for large-scale premium workspaces in India’s commercial real estate market.
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Domestic Firms Set to Lead Office Space Leasing with 60-65 Million Sq Ft by 2024-25 0
- Industry News
- September 25, 2024
Domestic firms are projected to lease 60-65 million sq ft of office space by 2024-25, driven by government initiatives, a robust banking sector, and a booming startup ecosystem. Key sectors include flexible space operators, BFSI, and technology. Flexible workspaces are expected to expand, with 80 million sq ft by 2024.
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315Work Avenue Expands in Pune with 56,000 Sq Ft Lease in IT Hub 0
- Industry News
- September 24, 2024
315Work Avenue has expanded its presence in Pune by leasing an additional 56,000 sq ft at International Tech Park Pune, Kharadi, bringing its total space to 1 lakh sq ft. The coworking provider now operates six centres in Pune and plans further expansion into markets like Delhi NCR and Hyderabad.
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