Industry News

Awfis Space Solutions’ IPO Subscribed 11.40 Times: A New Milestone for Coworking Spaces 0
- Industry News
- May 28, 2024
Awfis Space Solutions’ IPO was subscribed 11.40 times, reflecting strong investor interest. The Rs 599-crore share sale attracted bids for nearly ten crore shares, with retail investors’ portion subscribed 21.08 times. Proceeds will fund new centres and working capital.
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India’s Commercial Real Estate Market | A Lucrative Frontier for Investors 0
- Industry News
- May 27, 2024
India’s commercial real estate sector is not just booming; it’s on a trajectory for exponential growth. By 2029, its market value is projected to triple, soaring to an impressive $106.05 billion from the current $40.71 billion. The nation’s robust economic expansion, key governmental initiatives like Make in India, and realty sector reforms such as RERA
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Awfis Sets Rs 364-383 Price Band for IPO, Eyes Expansion 0
- Industry News
- May 27, 2024
Awfis Space Solutions announced an IPO price band of Rs 364-383 per share, aiming to raise to Rs 599 crore. The first Indian coworking provider to go public, Awfis plans to use the funds to expand into tier-1 and tier-2 cities. The company reported Rs 616 crore revenue for nine months ending December 2023.
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South India Leads Office Property Market Recovery 0
- Industry News
- May 24, 2024
South India, led by Bengaluru, Hyderabad, and Chennai, drives India’s office property market recovery. These cities account for nearly 60% of space demand by 2025, fueled by the tech sector and global capability centres. The office market is booming, with significant growth and large leasing deals expected throughout 2024.
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Awfis Space Solutions | Leading the Way in Flexible Workspace Solutions 0
- Industry News, Workspace Solutions
- May 23, 2024
Awfis Space Solutions, India’s largest flexible workspace provider, revolutionises the office landscape with innovative solutions and a vast network across 16 cities. Explore how Awfis leads in adaptability, growth, and market dominance, offering unparalleled flexibility for businesses of all sizes.
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Smartworks Expands Pune Portfolio with New 6 Lakh Sq Ft Coworking Hub 0
- Industry News
- May 22, 2024
Smartworks has leased a 6 lakh sq ft tower in Pune’s Balewadi, expanding its managed office portfolio to over 3 million sq ft in the city. The new coworking hub will open in October and offer over 8,000 desks, catering to the rising demand for flexible office spaces post-pandemic.
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