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

BHIVE Workspace is in advanced stages of raising up to ₹400 crore in a pre-IPO round, combining debt and equity funding. The capital will support expansion across major Indian cities, strengthen operations, and accelerate its journey toward a planned IPO in 2027, backed by strong investor confidence.
READ MORE
Global steel major ArcelorMittal has leased around 1 lakh sq. ft. of office space in Pune’s Hinjawadi at a monthly rent of about Rs 63 lakh. The move signals continued GCC-led office demand in Pune, reinforcing the city’s role as a key hub for manufacturing and engineering-focused global capability centres.
READ MORE
India’s real estate sector is set for steady growth in 2026, driven by institutional investment, strong occupier demand, and innovation-led development, says Colliers India. GCCs, flexible workspaces, REIT expansion, and ESG-focused assets will anchor office demand, while housing, logistics, and alternative assets maintain momentum across cities.
READ MORE
Brookfield plans to invest over $1 billion to develop Asia’s largest Global Capability Centre in Mumbai’s Powai. The project, expected to be completed by 2029, reinforces India’s position as a global GCC hub and highlights how large-scale GCC investments are driving sustained demand for office real estate.
READ MORE
India’s Global Capability Centres are poised to add nearly 180 million sq. ft. of office space by 2030, according to Savills India. Driven by high-value sectors, deep tech talent, and innovation-led mandates, GCCs are evolving into strategic growth engines, ensuring strong long-term demand for offices.
READ MORE
Hyderabad has taken the lead as India’s top destination for healthcare and pharma Global Capability Centres, according to Savills India. With GCCs driving 44% of office absorption in 2024 and strong future demand projected through 2030, the city is strengthening its role as a high-value office and innovation hub.
READ MORE