Industry News

Tier-II Cities Surge as New Hotspots for Flexible Workspaces 0
- Industry News
- June 21, 2024
Tier-II cities in India are becoming new hotspots for flexible workspaces, with Ahmedabad leading in flex stock at over 0.5 million sq. ft. The growth, driven by the IT and e-commerce sectors, is highlighted by significant expansions by major operators in cities like Chandigarh, Jaipur, and Kochi.
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Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space 0
- Industry News
- June 20, 2024
Amazon is expanding its presence in Bengaluru by leasing 1.1 million sq ft of office space from Sattva Group to house over 7,000 employees. This expansion is located near the international airport and is part of Amazon’s broader growth strategy in major Indian cities.
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MoEngage Expands in Bangalore with 900 Seats at 315Work Avenue 0
- Industry News
- June 18, 2024
MoEngage secures an additional 450 seats at 315Work Avenue in Bangalore, bringing their total to 900. This expansion in Koramangala highlights the benefits of co-working spaces for growing businesses. 315Work Avenue continues to expand, with plans to enter New Delhi, NCR, and Hyderabad markets.
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WeWork India Debuts in Chennai with the Launch of Olympia Cyberspace 0
- Industry News
- June 17, 2024
WeWork India has launched Olympia Cyberspace in Chennai, marking its expansion into Tamil Nadu. This new facility spans 1.30 lakh sq ft and offers over 2,000 desks. Located in Guindy, it aims to meet the rising demand in a city burgeoning with diverse business opportunities.
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Modern Buildings Dominate India’s Office Market | JLL Report 0
- Industry News
- June 13, 2024
India’s office market is shifting towards modern, sustainable buildings. From 2021 to Q1 2024, 164.3 million sq ft of new Grade A spaces were added, with 71% being green-certified. Bengaluru and NCR lead in absorption, highlighting the preference for quality, amenities, and sustainability.
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India’s Flex Workspace Market to Double by 2028 – Avendus Report 0
- Industry News
- June 12, 2024
India’s flexible workspace market is set to double by 2028, reaching 126 million sq ft. The sector will see revenues soar to $9 billion, driven by remote work trends. Major operators like WeWork India and Awfis are leading this growth, attracting diverse investors and eyeing public listings.
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