Industry News

Awfis Celebrates 10 Years of Redefining Workspaces in India 0
- Industry News
- May 9, 2025
Awfis Space Solutions marks its 10th anniversary, celebrating a decade of reshaping workspaces in India. From one centre in 2015 to over 100 nationwide, Awfis now serves 1,500+ companies. Under Amit Ramani’s leadership, it has evolved into a tech-driven, full-service platform catering to startups, corporates, and hybrid work models.
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Amazon Renews Major Lease in Mumbai’s Vikhroli, Cementing Commitment to Godrej Two 0
- Industry News
- May 9, 2025
Amazon has renewed its lease for over 94,000 sq ft of office space at Godrej Two in Mumbai’s Vikhroli, committing ₹1.73 crore in monthly rent for five years. Spread across four Amazon entities, this move reinforces the brand’s long-term investment in India’s commercial real estate and the appeal of premium office hubs.
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GCCs Reshape India’s Office Market as Flexible Space Demand Surges 0
- Industry News
- May 8, 2025
Global Capability Centers (GCCs) are driving India’s office market boom, accounting for 36% of leasing since 2022. Concentrated in Bengaluru, Hyderabad, and Chennai, demand is led by tech and flexible workspace providers. Sustainability is also rising, with most leasing happening in green buildings—signaling a shift toward agile, eco-conscious workspaces.
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GIFT City Emerges as India’s Leading Tier-II Hub for Global Capability Centres 0
- Industry News
- May 8, 2025
Ahmedabad-Gandhinagar-GIFT City is emerging as India’s top Tier-II hub for Global Capability Centres, driven by world-class infrastructure, policy incentives, and a skilled workforce. With major players like IBM and Technip Energies investing, the region offers Tier-I capabilities at lower costs—making it a rising star in India’s flexible workspace landscape.
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India’s Flex Office Market Set to Hit ₹600 Billion by 2027, Driven by Hybrid Work and Enterprise Demand 0
- Industry News
- May 8, 2025
India’s flexible office market is set to reach ₹600 billion by FY2027, driven by hybrid work trends, enterprise adoption, and rapid expansion across major cities. With rising demand, falling vacancies, and upcoming IPOs, flex spaces are transforming from a niche option into a core component of India’s commercial real estate landscape.
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Ajay Devgn Leases Out Mumbai Office Space to Bombay Design Centre in Five-Year Deal 0
- Industry News
- May 8, 2025
Ajay Devgn has leased a 2,545 sq. ft. office in Andheri West, Mumbai, to Bombay Design Centre for five years, starting May 2025. The rent begins at ₹5.47 lakh per month, rising later, with yields between 6.5% and 7.5%, highlighting continued investor interest in Mumbai’s premium office market.
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