Industry News

Union Budget 2024-25 | Boost for the Commercial Real Estate Sector 0
- Industry News
- July 29, 2024
The Union Budget 2024-25 offers major advantages for the commercial real estate sector, including urban development, rental housing reforms, and policies supporting the growth of coworking spaces.
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American Express Opens Largest Global Office in India 0
- Industry News
- July 26, 2024
American Express opens its largest global office in Gurugram, India, spanning one million square feet. The LEED Gold-certified campus focuses on sustainability, health, and wellness and aims to enhance innovation. The new facility supports all company divisions and underscores AmEx’s commitment to leveraging local talent and expanding in India.
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WeWork India Expands | Leases 1.4 Lakh Sq Ft in Noida and Bengaluru 0
- Industry News
- July 26, 2024
WeWork India expands with 1.4 lakh sq ft of new office space in Bengaluru and Noida, opening in September-October 2024. The new locations will offer over 2,400 desks, enhancing WeWork’s presence across 57 locations in major Indian cities to meet the rising demand for flexible workspaces.
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Tata Realty Secures INR 825 Crore Loan for Sustainable IT Park in Chennai 0
- Industry News
- July 26, 2024
Tata Realty secures an INR 825 crore loan from IFC for Chennai’s Ramanujan Intellion Park, India’s first IFC EDGE Zero Carbon certified asset. This funding will enhance sustainability, promote green building practices, and support a large workforce in a prime IT corridor, setting a benchmark for eco-friendly commercial spaces in India.
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GCCs Set to Occupy 26 Million Sq Ft Office Space by 2027: Knight Frank India 0
- Industry News
- July 26, 2024
By 2027, India’s Global Capacity Centres (GCCs) are expected to expand their office space to 26 million sq ft, driven by a surge in leasing deals and strategic growth in the IT/ITeS and BFSI sectors. This growth not only underlines India’s pivotal role in global business innovation and talent acquisition but also sets a promising trajectory for the future of these sectors.
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India’s Office Market Booms | Key Drivers and Trends 0
- Industry News
- July 25, 2024
India’s office market set new records in H1 2024, with 33.5 million sq ft of leasing across top cities. Bengaluru and Delhi-NCR led the surge, which was driven by the high demand for flexible office spaces. Key sectors like tech and finance boosted growth, reflecting robust confidence in the commercial real estate sector.
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