Articles & Trends on Industry News - Page 4 of 72

Ofis Square Expands in Gurugram, Strengthening Flexible Workspace Offerings 0

Ofis Square has expanded its premium coworking space within Vatika Business Park, adding 1 lakh sq. ft. to meet rising demand in Gurugram. Founder Saroj Mittal emphasizes its commitment to flexible, high-tech workspaces. Bollywood actress Shraddha Kapoor remains the brand ambassador, reinforcing its image as a modern, dynamic workspace provider.

India’s Office Leasing Hits Record High in 2024, Driven by Flex Workspaces and IT Sector 0

India’s office leasing market hit 81.7 million square feet in 2024, a 19% rise from 2023, driven by IT expansion and flexible workspaces. Bengaluru, Hyderabad, and Mumbai led the surge, while co-working demand grew by 30%. Vacancy rates dropped, and rental prices increased amid vigorous corporate leasing activity.

BFSI Sector Drives Unprecedented Office Space Demand with 135 Lakh Sq Ft Leasing in 2024 0

The BFSI sector leased a record 135 lakh sq ft of office space in 2024, surpassing previous years. A JLL India report highlights its steady 17-18% share in total leasing. Foreign firms dominated with 68.3% of demand. This growth cements BFSI’s key role in India’s commercial real estate market.

The Evolution of Indian Workspaces: A Conversation with Meghna Vajani, MD, Space Matrix 0
- Industry News
- March 25, 2025
The article explores the transformation of Indian workspaces, highlighting trends like hybrid models, sustainability, employee-centric designs, and technology integration. It delves into regional preferences, wellness-driven layouts, and brand-aligned aesthetics. Featuring insights from Meghna Vajani, MD of Space Matrix, it discusses customized office solutions and industry-driven workplace innovations in India.
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Indian Office REITs Outperform Realty Sector as Demand Surges: Jefferies 0
- Industry News
- March 25, 2025
Indian office REITs are thriving in 2025, driven by firm GCC hiring and increasing office space demand, according to Jefferies. Office vacancy rates have dropped, rentals are rising, and REITs outperform markets. A favourable interest rate outlook and tightening supply could further boost growth in the sector.
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Trump World Center: Trump Organization Enters India’s Commercial Real Estate Market 0
- Industry News
- March 25, 2025
Trump World Center Pune, the Trump Organization’s first commercial project in India, will feature 1.6 million sq. ft. of premium office space. Developed with Tribeca Developers and Kundan Spaces, the ₹1,700 crore project is set for completion by 2029, addressing Pune’s rising demand for high-end business spaces.
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