Industry News

Gurugram Sees Major Rs 2,050 Crore Office Park Deal Amid Changing Real Estate Trends 0
- Industry News
- January 12, 2026
A significant commercial real estate transaction in Gurugram’s office sector has highlighted evolving trends in India’s workspace market. A 1.9 million sq ft technology-driven business park has changed ownership in a Rs 2,050 crore deal, signaling confidence in well-leased, transit-connected properties despite hybrid work dynamics.
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Wipro Expands Navi Mumbai Footprint With 1.45 Lakh sq ft Lease at Mindspace Airoli 0
- Industry News
- January 9, 2026
Wipro has leased 1.45 lakh sq ft at Mindspace Airoli for 5 years, with a total rent exceeding ₹61 crore. The deal includes 97 parking slots, a ₹5.83 crore security deposit, and a 5% annual escalation. This expansion builds on Wipro’s 2025 lease of 3.87 lakh sq ft in the same business park.
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Kolkata Office Rents Jump 16% as Supply Crunch Reshapes Market Dynamics 0
- Industry News
- January 9, 2026
Kolkata’s office market saw a sharp 16% rental rise in 2025 as leasing crossed two million sq ft amid a severe shortage of new supply. With vacancy levels tightening, landlords repriced assets more aggressively. Domestic enterprises and flex operators led absorption, highlighting a structural imbalance between demand and supply in one of India’s most affordable office markets.
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Facebook India Secures 69,702 sq ft in Hyderabad, Reinforcing the City’s GCC Leadership 0
- Industry News
- January 9, 2026
Facebook India has leased 69,702 sq ft in Hyderabad’s Hitec City for five years, strengthening its long-term presence in the city. With rising GCC demand, renewed leases, and robust leasing volumes, Hyderabad continues to outpace Bengaluru in attracting global enterprises. The city closed 2025 with strong momentum, driven by diversified occupier activity.
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WeWork India Crosses 1 Lakh Members as Enterprise & GCC Adoption Surges 0
- Industry News
- January 8, 2026
WeWork India has surpassed 1 lakh members, recording 33.6% YoY growth, driven by strong demand from enterprises and GCCs. With 76% enterprise revenue and rapid expansion across eight cities, the company says flexible workspaces have become core business infrastructure. Southern markets led momentum as GCC and tech-driven occupancies surged.
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India’s Flex Space Industry Seeks Policy Boost Ahead of Union Budget 2026 0
- Industry News
- January 8, 2026
India’s USD 5.99 billion flexible workspace sector is urging the government to rationalise GST, provide regulatory clarity, and offer incentives in the Union Budget 2026. With demand rising, leaders say streamlined approvals, green building incentives, and clarity on SatCom spectrum are essential for scaling to 100+ million sq. ft. nationwide.
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