Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
India’s office space demand soared in Q1 2024 across top cities, led by Bengaluru, Hyderabad, and Mumbai. This demand is driven by sectors like BFSI and IT-ITES and a shift to Grade A and coworking spaces. The market shows robust growth despite global economic uncertainties.
READ MOREAsia-Pacific’s offshoring market is booming, set to hit $185.1 billion by 2032, driving significant office space demand. With the lowest operating costs and rapid growth in key cities like India and the Philippines, the region leads global offshoring, offering cost-effective, high-quality office solutions.
READ MOREOffice space leasing in India’s major cities surged 44% in Q1, hitting 11.5 million sq ft, led by Mumbai, Bengaluru, and Chennai. Despite declines in some cities, the robust demand suggests a market shift, with a 33% increase in gross leasing, indicating strong corporate expansion trends.
READ MOREIndian cricketer Virat Kohli makes a significant commercial investment with an office space lease in Gurugram, managed by his brother Vikas Kohli. Explore the financial intricacies and strategic foresight behind Kohli’s expansion into the business realm amidst a pause from cricket.
READ MOREThe landscape of workplace design in India is undergoing a profound transformation, influenced by global trends towards sustainability, innovative design, and technology.
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