Industry News

EXCLUSIVE | IndiQube Takes a Major Step Towards IPO with Public Limited Transition 0
- Industry News
- December 28, 2024
IndiQube transitioned to a public limited company, paving the way for its IPO. The coworking leader turned profitable in FY23 with ₹592.41 Cr in revenue and aims to raise ₹1,000–1,500 Cr to scale its dynamic growth.
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Manish Paul Rents Mumbai Office Space for ₹2 Lakh per Month 0
- Industry News
- December 28, 2024
Actor Manish Paul rents a 1,200 sq. ft. office in Mumbai’s Andheri West for ₹2 lakh per month, joining Bollywood stars investing in commercial real estate. Celebrities like Madhuri Dixit, Ajay Devgn, and Amitabh Bachchan leverage Mumbai’s high yields, with Grade-A spaces offering 6-8% annual returns in prime locations.
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Goa’s Digital Nomad Push and Key Travel, Hospitality, and Real Estate Trends 0
- Industry News
- December 28, 2024
Goa boosts digital nomad appeal with free Wi-Fi and coworking spaces, while Treebo launches Medalio for mid-market travellers. Indian arrivals to Thailand surpass pre-pandemic levels, driven by extended visa waivers. Paytm reports concert travel growth, and Oberoi’s RISE program aims to upskill 2,000 hospitality trainees annually by 2025.
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Warehousing Leads India’s $4.2 Billion Real Estate PE Investment Boom in 2024 0
- Industry News
- December 28, 2024
India’s real estate PE investments surged 32% to $4.2 billion in 2024, led by warehousing ($1.9 billion), residential ($1.2 billion), and office sectors. Mumbai dominated with $2 billion investments, while Bengaluru and Hyderabad attracted strong interest. Growth in e-commerce and robust residential demand highlight India’s rising appeal to global investors.
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Bengaluru Leads India’s Record Office Leasing Boom in 2024 0
- Industry News
- December 28, 2024
India’s office leasing hit 66.4 million sq ft in 2024, driven by Bengaluru’s 21.7 million sq ft absorption. Flex spaces surged with 12.5 million sq ft leased, accounting for 20% of demand. While Chennai and Delhi-NCR saw declines, tech, BFSI, and manufacturing sectors fueled overall growth.
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UK Consulate Acquires ₹101.2 Crore Office Space in Mumbai’s Prime Business Hub 0
- Industry News
- December 28, 2024
The UK Consulate purchased 12 office units in Mumbai’s One Lodha Place for ₹101.2 crore. The space, which spans 14,883 sq ft, will relocate the British Deputy High Commission from Bandra East to Lower Parel. Strategically located in a prime business hub, the deal underscores Mumbai’s appeal for global investments.
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