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Zomato Expands in Gurugram, Eyes Mega Office Footprint at Tata Realty’s Intellion Park 0
- Industry News
- November 12, 2025
Zomato has leased 270,000 sq. ft. at Intellion Park, Gurugram, and is in advanced talks for about 1 million sq. ft. more, with a potential to double. NCR’s Q3 gross leasing hit 5.1 million sq. ft., led by Gurugram. SEZ denotifications are freeing prime supply, while vacancy fell alongside robust new additions.
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Netflix Picks Hyderabad for Its Second India Office, Expanding Regional Content Capabilities 0
- Industry News
- November 12, 2025
Netflix will open a 41,000 sq. ft. office in Hyderabad’s HITECH City—its second location in India, following Mumbai—to bolster regional content, production, and post-production workflows. The decision has sparked debates between Hyderabad and Bengaluru, highlighting infrastructure, congestion, and diversification. Social chatter captured the mood: “Hyderabad has offices, but Bangalore has the minds and the vibes, while Mumbai has money and Delhi has power.”
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Bengaluru, NCR and Mumbai Power Q3 2025 Office Absorption to Nearly 20 Mn Sq Ft 0
- Industry News
- November 12, 2025
India absorbed 19.69 mn sq ft of office space in Q3 2025, up 6% YoY and 5% QoQ. Bengaluru, NCR and Mumbai led demand as GCCs, BFSI and flex operators expanded. The new Grade A supply reached 16.1 million square feet. Vestian expects “robust absorption” and diversified occupier demand to sustain momentum.
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India’s Office REITs Have Barely Scratched the Surface 0

Only 23% of India’s 520 million sq. ft. REIT-worthy office stock is listed, signalling vast headroom for new REITs and portfolio consolidation. South India leads with 313 mn sq. ft. (18% listed), while NCR, MMR, and Pune remain under-indexed. Robust leasing, rental escalations, and Grade-A upgrades support sustained growth for REITs.

Smartworks’ Q2 FY26: Cash-Strong Growth and a World’s-Largest Managed Campus 0

Smartworks posted 21% YoY revenue growth to ₹424.8 crore, a 46% jump in normalised EBITDA to ₹69.6 crore, and 40% QoQ PBT growth to ₹24.5 crore, with RoCE at 14.3%. The company turned net-debt negative, won an ‘A; Stable’ CareEdge upgrade, and signed 8.15 lakh sq. ft. at Eastbridge, Mumbai—its largest global campus deal.

Smartworks Targets 35% CAGR, Plans to Double GCC Revenue Contribution 0

Smartworks is pursuing a 30–35% CAGR over the next three years and aims to double GCC revenue share from 15% within two years. After a two-notch CareEdge upgrade to ‘A; Stable’, the platform reported Q2 revenue of ₹424 crore (21% YoY). New milestones include 8.15 lakh sq. ft. at Eastbridge, Mumbai, and the expansion of national campuses.

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