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

91Springboard has leased around 1 lakh sq ft across Hiranandani Business Park, LightHall in Andheri East, Mumbai, and DLF World Trade Park in Gurugram to open two new centres. With both set to go live “by the next quarter” and fresh expansion plans underway, the operator is doubling down on rising corporate demand for flexible workspaces.
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Jaguar Land Rover Technology and Business Services India has signed a “fresh lease of 1.46 lakh square feet (sq ft) with a rental of ₹106 crore for a tenure of five years at Brigade Tech Gardens.” The deal, tagged as “one of the notable Global Capability Centre (GCC) real estate deals registered in July 2025,” takes JLR’s total footprint in the park to 2.04 lakh sq ft and underscores Bengaluru’s GCC momentum.
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After nearly a decade of muted growth, Delhi-NCR’s office market is turning a corner. With “about 5 million sqft of new Grade A supply” expected, Delhi-NCR contributing 23% to net leasing, and cities like Faridabad, Gurugram and Noida gaining fresh momentum, the region is shifting toward a more distributed, infrastructure-led, future-ready office landscape.
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Chennai Metro Rail Limited plans to deliver “more than 3 million square feet of office and commercial space” across at least 25 stations in Phase II. With towers at major hubs, integrated office and retail blocks, and a “massive supply of 3 million sq.ft of office space and 0.25 million sq.ft of retail space”, the project positions Chennai as a transit-led, future-ready office market.
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Puravankara has signed an “Agreement to Lease (ATL)” with IKEA India for “more than 1.2 lakh square feet of leasable area” across two floors at Purva Zentech Park on “Kanakapura Road, Bengaluru.” The 9.6 lakh sq ft mixed-use commercial project, scheduled for completion by early 2026, strengthens Puravankara’s pan-India commercial portfolio.
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Smartworks Coworking Spaces Ltd. has named Anshul Popli as Head – Product & Execution, responsible for procurement and projects across MEP, QS, and execution. Drawing on his entrepreneurial experience at Modern Intrno and an MBA from the University of Nottingham, Popli will support Smartworks’ 12.7 million sq. ft. managed office portfolio and deepen its delivery excellence.
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