Industry News

WeWork India Turns Profitable, Eyes IPO Amid Strong Demand for Flex Spaces 0
- Industry News
- February 10, 2025
WeWork India has posted a ₹174.13 crore profit in H1 FY25, marking a strong turnaround amid rising demand for flexible workspaces. The company plans an IPO through a ₹4.37 crore share Offer for Sale. With a 77 lakh sq. ft. portfolio, it aims to enhance visibility and liquidity through public listing.
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NPCI Expands Mumbai Presence with Major Office Lease in Goregaon 0
- Industry News
- February 10, 2025
The National Payments Corporation of India (NPCI) has leased 1.15 lakh sq. ft. of office space in Goregaon, Mumbai, for ₹136 crore, marking its expansion in India’s digital payments ecosystem. This move reflects the growing demand for commercial real estate, as Mumbai remains a hub for Grade-A office spaces, hybrid work models, and fintech growth.
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India’s Real Estate Market Set to Hit $1 Trillion by 2030, Powered by PropTech Revolution 0
- Industry News
- February 6, 2025
India’s real estate market is projected to grow to $1 trillion by 2030, fueled by PropTech advancements, urbanisation, and digital platforms. Aurum PropTech highlights opportunities in rental housing, SM-REITs, and AI-driven innovations. With 75% of buyers using digital tools, the sector is rapidly evolving, shaping a dynamic and inclusive future.
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India Unveils CSIR Mega Innovation Complex in Mumbai to Boost Start-ups and MSMEs 0
- Industry News
- February 6, 2025
India inaugurated the CSIR Mega Innovation Complex in Mumbai on January 17, 2025, to support start-ups and MSMEs. Spanning nine floors, it features 24 incubation labs and office spaces. With six MOAs signed and 50 technology transfers completed, the facility strengthens India’s push for innovation, research commercialisation, and self-reliance.
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Table Space Eyes $2.5 Billion Valuation in Upcoming India IPO 0
- Industry News
- February 6, 2025
Table Space plans a $2.5 billion IPO next year, hiring Axis as bookrunner. The managed workspace provider, backed by Hillhouse Investment, operates 60+ centres across India and aims to double its 9.5 million sq ft portfolio. Amid strong market demand, its IPO follows Awfis’ successful public debut and rising workspace investments.
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NCR’s Office Market Booms with Record 12.7 Million Sq. Ft. Leasing in 2024 0
- Industry News
- February 6, 2025
According to Knight Frank India, NCR’s office market hit a record 12.7 million sq. ft. leasing in 2024, with deal sizes rising 29% YoY. Noida saw a 48% surge, while Gurugram remained dominant. Flexible workspaces grew 2.4x, reflecting the shift towards hybrid work and high-quality office space demand.
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