Industry News

India’s Office Demand Set to Exceed 70 Million Sq Ft in 2024 0
- Industry News
- May 21, 2024
India’s Grade A office space demand is set to exceed 70 million square feet in 2024, driven by major cities like Bengaluru, MMR, and Delhi-NCR. Rising rentals and large leases, especially in the IT/ITeS and BFSI sectors, highlight robust growth, signalling significant opportunities for developers and investors.
READ MORE
Awfis Set to Launch IPO on May 22 0
- Industry News
- May 16, 2024
Awfis Space Solutions will launch its IPO on May 22, aiming to raise Rs 128 crore. Key investors, including Peak XV Partners and ChrysCapital, will divest 12.3 million shares. Despite increased revenue, Awfis reported losses. IPO proceeds will fund expansion, new centres, and working capital.
READ MORE
Governments and Co-Working Spaces Join Forces to Boost Remote Work 0
- Industry News
- May 16, 2024
State governments in India and the co-working industry are collaborating to enhance remote work opportunities. Initiatives include developing co-working spaces, improving infrastructure, and offering flexible memberships. This synergy aims to boost local economies, support remote workers, and promote work-life balance, making remote work a sustainable norm.
READ MORE

DevX Bolsters Expansion in Jaipur with Launch of Second Co-Working Space 0
- Industry News
- May 15, 2024
DevX has launched its second co-working space in Jaipur, expanding its footprint with a new 35,000 sq. ft. centre. This is part of a broader plan to roll out over 2 million sq. ft. across India, emphasizing its commitment to enhancing the managed office space sector and fostering business growth.
READ MORE
Table Space Announces Expansion in India’s Top Cities 0
- Industry News
- May 15, 2024
Table Space is set to expand its footprint in India, leasing over 2.5 MSF across Chennai, Mumbai, Hyderabad, and Bengaluru. This move targets rising demand for flexible workspaces, with strategic leases in prime locations to accommodate the growth of multinational companies and various industries.
READ MORE
Incuspaze Expands with Major Lease in Gurugram 0
- Industry News
- May 15, 2024
Incuspaze has leased 3.5 lakh sq ft of office space in Gurugram, enhancing its presence in NCR. This expansion addresses the growing demand for flexible workspaces that cater to startups and enterprises and offer modern, collaborative environments.
READ MORE