Industry News

PRIME Fund Acquires Premium South Delhi Office Property for ₹750 Crore 0
- Industry News
- May 27, 2025
Prime Offices Fund (PRIME), managed by NCW, has acquired the premium Prius Platinum office space in South Delhi for ₹750 crore. The 3 lakh sq ft Grade A property is 95% leased and ESG-compliant. This move strengthens PRIME’s strategy of investing in sustainable, income-generating commercial assets across India.
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Chennai’s Government-Run Coworking Hub Turns Heads with Ultra-Affordable Spaces 0
- Industry News
- May 27, 2025
Mudhalvar Padaippagam, India’s first government-run coworking space in Chennai, offers modern amenities at ultra-low rates, starting at just Rs 50. It is designed for startups and students and includes workstations, a library, and study zones. Its success has prompted plans to expand across North Chennai and potentially statewide.
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DLF Group to Invest Rs 10,000 Crore in Premium Office and Mall Projects Over Two Years 0
- Industry News
- May 27, 2025
DLF Group plans to invest Rs 10,000 crore over two years to expand its premium office and retail portfolio, boosting rental income. With 45 million sq ft of commercial assets and key joint ventures, DLF is developing major projects in Gurugram, Noida, and Chennai, capitalising on the growing demand for flexible workspaces.
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India’s Office Rental Market Soars: Mumbai Leads with 28% Growth, Hyderabad Close Behind 0
- Industry News
- May 27, 2025
India’s commercial office rental market is booming, with Mumbai leading a 28% rise and Hyderabad close behind at 24.1%. Driven by Global Capability Centres, BFSI, and tech firms, prime metros show strong demand for Grade A spaces. Investor confidence remains high as India redefines the future of work.
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Ofis Square and Knight Frank Collaborate to Shape the Future of Flexible Workspaces 0
- Industry News
- May 26, 2025
Ofis Square hosted Knight Frank India at its MG Road centre to explore strategic collaboration in the flexible office sector. The event highlighted the rising demand for agile workspaces driven by hybrid work models. It reinforced both companies’ commitment to innovating India’s commercial real estate landscape through partnership and shared vision.
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Affordable Government-Run Coworking Space in Chennai Draws Thousands of Professionals and Students 0
- Industry News
- May 26, 2025
Chennai’s government-run co-working space, *Muthalvar Padaipagam*, offers affordable, well-equipped workspaces for entrepreneurs, professionals, and students. With low rates and quality amenities, it supports over 32,000 users in six months, promoting productivity and inclusivity. The success has sparked plans for expansion across Tamil Nadu.
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