Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
MVN Aero One Mall leases 3 lakh sq ft to Spring House Co-Working in Gurugram. This integration of premium co-working spaces within a retail environment offers a dynamic work-life balance. Strategically located on Dwarka Expressway, it features future-ready infrastructure and plans for luxury residential projects, setting new standards in commercial real estate.
READ MORESmartworks raises Rs 168 crore from investors, including Keppel Limited, to fuel its expansion. With new centres added in major cities, the company now operates 41 centres across 13 cities. Founder Neetish Sarda and Keppel Ltd CEO Louis Lim highlight continued growth and leadership in India’s managed workspace industry.
READ MOREBHIVE Workspace is planning an IPO within two years, focusing on expansion and achieving ₹500 crore in revenue. Check out their growth strategies and plans.
READ MORECushman & Wakefield has launched an advisory platform to help multinational companies establish Global Capability Centres (GCCs) in India and beyond. With India expected to host over 2,400 GCCs by 2030, this initiative aims to capture 75% of the market, driving significant demand for office space and transforming the real estate sector.
READ MOREWeWork India plans a ₹400 crore annual capex to expand by 2 million sq ft annually in major cities. With robust financial growth and strategic funding, it recently launched a 130,000 sq ft workspace in Chennai. Despite WeWork Global’s challenges, WeWork India remains strong, projecting significant future revenue growth.
READ MOREFour major MNCs, including Qualcomm and IBM India, have leased over 870,000 sq. ft. of office space in Hyderabad’s booming IT sector. This surge reflects the city’s robust real estate market and infrastructure development. Hyderabad is solidifying its position as a premier business hub with strong residential and commercial growth.
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