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

Qatar National Bank renewed its 8,079 sq ft ground-floor space at Maker Maxity, BKC, for a five-year term at ₹775/sq ft per month (~₹62.6 lakh/month), with a 4.5% annual escalation and a security deposit of ₹7.51 crore. The lock-in runs to October 25, 2031. The move underscores the persistent demand for blue-chip companies in India’s most expensive office district.
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Incuspaze has appointed Anuj Arora as Executive Director of Operations to strengthen leadership and speed up national growth. Backed by two decades in corporate real estate and facilities across JLL, Mace, Reliance, and DLF, Arora will drive “operational excellence, business transformation, and client experience strategies,” aligning delivery, governance, and sustainability for India-wide scale-up.
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Vibe launched a 650-seat, 30,000 sq. ft. “A+ Grade” managed office in Balewadi with a Zero CAPEX model and full build-to-suite customisation. The centre promises a two-month turnaround, enterprise-grade power, ample parking, metro-led connectivity, and a revenue-ready training wing—positioning Western Pune as a new hotspot for agile, premium workplaces.
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India’s top six cities saw a 26% jump in new office supply to 16.1 msf in Q3 2025, led by Pune. Absorption rose 6% to 19.69 msf as GCC demand stayed strong, Vestian said. Select markets cooled, but developers and REITs expanded via greenfield and brownfield routes across key clusters.
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IndiQube reported a 43% year-on-year drop in net loss to ₹29.9 crore in Q2 FY26, with revenue jumping 39% to ₹350 crore. The company added 21 new centres, crossed 9.1 million sq. ft. in AUM, and announced plans to enter the solar energy business, reinforcing its sustainable growth strategy.
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Zomato has leased 270,000 sq. ft. at Intellion Park, Gurugram, and is in advanced talks for about 1 million sq. ft. more, with a potential to double. NCR’s Q3 gross leasing hit 5.1 million sq. ft., led by Gurugram. SEZ denotifications are freeing prime supply, while vacancy fell alongside robust new additions.
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