India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

OpenAI has leased a 50-seater office in New Delhi with CorporatEdge, prioritising the capital over Noida and Gurugram. The move follows the rapid adoption of ChatGPT in India, with plans for a local team and the introduction of a ₹399/month ChatGPT Go plan. Industry watchers expect AI firms to accelerate CRE absorption, particularly in managed workspaces.
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Kalpataru Group sold six built-to-suit floors in Kalpataru Virtus, Vikhroli, to Bernhard Schulte Shipmanagement for ₹304.05 crore. The 93,226 sq ft RERA-carpet transaction spans floors 15–20 on JVLR, registered November 4, 2025. Completion is slated for December 2027 with possession in December 2028. BSM cites India’s strategic role and flexible workspace needs.
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Cushman & Wakefield reports Mumbai clocked USD 1.2B in institutional inflows in 9M 2025, its fourth straight USD 1B+ year. India is on track for USD 6–6.5B in 2025, with domestic investors at 48% of YTD capital. Office leads allocations, while infra upgrades and diversified capital deepen Mumbai’s gateway-market appeal.
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Figma has opened an office in Bengaluru and will begin hiring in India, its second-largest active user market. The AI-powered design and product platform, which earns about half its revenue outside the US, expands its global footprint and deepens local ties. Customers in India already include Airtel, CARS24, Groww, Myntra, Swiggy, TCS, and Zomato.
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India’s offices now host Boomers, Gen X, Millennials, and Gen Z under one roof. The clash of styles—formal emails versus memes, diaries versus dashboards—creates friction and fresh learning. Leaders report an increase in reverse mentoring, clearer boundaries, and empathy-driven policies. We explore the tone shifts, new rules, and wtheir implicationsfor culture and performance.
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India recorded 19.69 million square feet of office absorption in Q3 2025, the second-highest quarter on record. Southern cities accounted for 50% of the demand, with Bengaluru, NCR, and Mumbai leading in terms of volumes. New supply reached 16.1 million sq ft, with Pune and Chennai leading the way. BFSI rose, flex remained strong, and leasing diversified geographically.
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