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

Prime Offices Fund has entered India’s institutional real estate market with a ₹750 crore acquisition of a Grade A office asset in Delhi’s Saket District Centre. The deal reflects rising investor confidence in stabilised, sustainable office buildings and reinforces Delhi’s position as a key commercial investment destination.
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India’s real estate sector recorded its highest-ever institutional investments at $10.4 billion in 2025, according to JLL. Strong office demand, platform-led deals, rising domestic capital participation, and growing interest in digital and alternative assets signal a maturing, resilient market with long-term growth potential.
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Elon Musk-owned Starlink has leased its first office space in India through premium flexible workspace provider CorporatEdge in New Delhi. The move reflects a wider trend of global tech firms choosing Delhi-NCR and managed offices for proximity to policy hubs, operational flexibility, and high-end workplace services.
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India’s flexible workspace market is projected to grow nearly threefold to USD 9–10 billion by 2028, driven by the rapid expansion of Global Capability Centers. A new Smartworks–UnearthIQ report highlights a major shift toward asset-light office models, with flex spaces emerging as the fastest-growing segment in commercial real estate.
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Walmart Global Tech has leased 1.01 lakh sq ft of office space in North Bengaluru’s Devanahalli for five years, underscoring its commitment to India and in-office collaboration. The deal highlights growing enterprise interest in airport-linked business corridors and signals Devanahalli’s rise as a key GCC destination.
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Global Capability Centres are expected to account for 35–40% of India’s total office demand in 2025, according to CBRE South Asia. With gross leasing likely to exceed 80 million sq ft, demand is being fuelled by large deals, premium office assets, sustainability-led design, and continued expansion by GCCs and flex operators.
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