Industry News

91Springboard Expands Its Footprint with 500,000 Sq Ft Addition in FY26 0
- Industry News
- March 20, 2025
91Springboard is expanding its office space portfolio by 500,000 sq ft in FY26, targeting metro and Tier I cities. The company expects 25-30% revenue growth in FY25 and is exploring new investments. With rising demand for flexible workspaces, it focuses on managed offices, hybrid models, and workspace customization.
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Tech-Enabled Coworking Hub to Launch at Ghaziabad Namo Bharat Station 0
- Industry News
- March 20, 2025
Ghaziabad’s Namo Bharat Station is launching MetroDesk, a high-tech co-working space by NCRTC. Featuring intelligent access, IoT-enabled workstations, and seamless digital services, it caters to professionals and startups. This initiative aligns with India’s booming co-working market, transforming transit hubs into business centres while enhancing accessibility and economic growth.
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Smartworks Expands in Hyderabad with Massive 2.2 Lakh Sq Ft Lease at DLF Cyber City 0
- Industry News
- March 20, 2025
Smartworks has leased 2.2 lakh sq ft at DLF Cyber City, Hyderabad, expanding its total footprint to over 10 lakh sq ft. It marks its fourth centre in Hyderabad, reinforcing its position in the flexible workspace sector.
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Tesla Leases Prime Showroom Space in Mumbai’s BKC for ₹23.38 Crore 0
- Industry News
- March 16, 2025
Tesla has secured a 4,000 sq ft showroom in Mumbai’s Bandra Kurla Complex (BKC) for ₹23.38 crore over five years. The lease, registered in February 2025, includes two parking spaces and features a 5% annual rent escalation clause. BKC remains India’s most expensive commercial district, attracting global giants.
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BNP Paribas Leases Office in Mumbai’s BKC at Record ₹811 per Sq Ft 0
- Industry News
- March 16, 2025
BNP Paribas has leased 3,497 sq ft at Maker Maxity, BKC, for ₹811 per sq ft per month, totalling ₹28.36 lakh monthly. The five-year lease includes a 5% annual rent escalation. This follows Tesla’s recent ₹881 per sq ft lease, reinforcing BKC’s status as India’s costliest office market.
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DLF to Invest ₹6,000 Crore in Gurugram’s Office and Retail Expansion 0
- Industry News
- March 16, 2025
DLF’s rental arm, DCCDL, is investing ₹6,000 crore to develop 7.5 million sq ft of Grade A+ office and retail spaces in Gurugram. Driven by rising demand from global firms and GCCs, the expansion includes DLF Downtown and DLF Mall of India, reinforcing DLF’s leadership in India’s commercial real estate.
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