Industry News

India’s Real Estate on the Rise | Set to Triple by 2034 0
- Industry News
- April 18, 2024
India’s real estate market is forecasted to triple to $1.5 trillion by 2034, driven by rising demand across residential, commercial, and warehousing sectors. The sector’s GDP contribution is also expected to increase, with significant urban housing and office space growth.
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DevX Is Set To Expand Its Coworking Space Footprint Amid Growing Demand 0
- Industry News
- April 15, 2024
With its ambitious plans, DevX is poised to double its coworking spaces to a staggering 2 million sq ft in just two years. This expansion strategy also includes international destinations like Dubai and Singapore. Bolstered by a recent $7 million funding boost, DevX is also making strategic partnerships, such as the one with Deakin University for its new India campus.
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India’s Office Space Demand Surges Amid Economic Resilience 0
- Industry News
- April 4, 2024
India’s office space demand soared in Q1 2024 across top cities, led by Bengaluru, Hyderabad, and Mumbai. This demand is driven by sectors like BFSI and IT-ITES and a shift to Grade A and coworking spaces. The market shows robust growth despite global economic uncertainties.
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Asia-Pacific Leads in Offshoring Growth, Boosting Office Space Demand 0
- Industry News
- April 3, 2024
Asia-Pacific’s offshoring market is booming, set to hit $185.1 billion by 2032, driving significant office space demand. With the lowest operating costs and rapid growth in key cities like India and the Philippines, the region leads global offshoring, offering cost-effective, high-quality office solutions.
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Demand for office space jumped 44% in Q1, January to March 0
- Industry News
- April 3, 2024
Office space leasing in India’s major cities surged 44% in Q1, hitting 11.5 million sq ft, led by Mumbai, Bengaluru, and Chennai. Despite declines in some cities, the robust demand suggests a market shift, with a 33% increase in gross leasing, indicating strong corporate expansion trends.
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Virat Kohli Expands Business Horizons with Major Office Space Lease in Gurugram 0
- Industry News
- March 15, 2024
Indian cricketer Virat Kohli makes a significant commercial investment with an office space lease in Gurugram, managed by his brother Vikas Kohli. Explore the financial intricacies and strategic foresight behind Kohli’s expansion into the business realm amidst a pause from cricket.
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