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

Embassy Office Parks REIT is acquiring a 0.3 million sq ft Grade-A office block in Bengaluru’s Embassy GolfLinks Business Park for ₹852 crore. Fully leased to a top global investment firm, the asset delivers a 7.9% yield, above the REIT’s trading cap rate and accretive to distributions for unit holders.
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WeWork India has leased about 1.75 lakh sq ft at Skyview 20, Hyderabad, and sub-leased the entire Grade-A space to JP Morgan at a substantial rent premium. The deal highlights rising demand for full-floor managed offices, Hyderabad’s strengthening flex market, and JP Morgan’s continued expansion across India’s key commercial hubs.
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alt.f coworking has launched its “Black Friday Sale 2025” across Noida, Gurgaon and virtual office plans, targeting “small businesses and teams between 4 to 100 seats”. Highlights include alt.f Noida 142 at “flat ₹4500 per seat till 8 December”, “up to 30 days of rent-free workspace” in Gurgaon, and “20 percent discount” on virtual office products.
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The Bombay High Court has dismissed two petitions challenging WeWork India’s IPO and imposed an INR 1 Lakh cost on petitioner Vinay Bansal, to be deposited with the Maharashtra State Legal Services Authority. Bansal had alleged non-disclosure of serious criminal proceedings, misrepresentation of the WeWork brand, and overly optimistic projections despite losses.
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Indian corporates are moving a share of their portfolios into flexible, serviced offices. Flex delivers agility, cost visibility, faster go-live timelines, and better access to talent across micromarkets, while strengthening portfolio resilience. With institutional capital backing major operators, flex has matured from a pandemic trial to a strategic CRE lever.
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Bengaluru-based 2gethr is redefining managed offices and coworking through human-centred design, strong technology and story-led branding. From WELL-certified spaces and award-winning GCC workplaces to custom-built offices, the operator focuses on culture, care and data-driven innovation while expanding into new cities with a promise: “not just more spaces, but more meaning.”
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