India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

Office space leasing is projected to fall marginally by 1% to 172 lakh sq ft in the July-September 2025 quarter across seven major Indian cities, driven largely by declines in Bengaluru, Hyderabad, and Delhi-NCR, according to Colliers India. However, Mumbai, Pune, and Chennai show robust growth in office leasing demand during the same period.
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IndiQube has emerged as one of India’s premier flexible workspace providers, managing over 8.7 million sq ft across 120 properties in 15 cities. The company’s unique approach focuses on creating accessible, affordable, and highly functional office spaces tailored to diverse client needs, blending technology and service to enhance employee experience and workspace flexibility. This strategy helped IndiQube build a business valued at over INR 1000 crore by prioritising collaboration and customisation.
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Knowledge Realty Trust, India’s largest Real Estate Investment Trust (REIT) backed by Blackstone Inc. and Sattva Developers, is planning to raise ₹16 billion (approximately $181 million) through its first domestic rupee bond sale. This marks a major milestone in India’s commercial real estate sector as REITs gain traction and diversify their funding sources amid strong market growth.
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Ganesh Housing’s flagship project, Million Minds Tech City, is set to transform Ahmedabad into a premier commercial and tech hub with a 65-acre integrated township offering 18 million sq. ft. of Grade A+ commercial office and mixed-use spaces. Supported by Gujarat’s progressive policies, the project aims to create a sustainable, future-ready ecosystem for IT, BFSI, and multinational corporations.
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Nagpur’s commercial real estate sector is set for a significant leap with the development of West 19, a 30-storey premium commercial tower poised to become Central India’s tallest. Located in the prime Shankar Nagar area, the project integrates modern design, workplace amenities, and lifestyle features to cater to evolving business needs in tier-2 cities. This development marks Nagpur’s emergence as a major corporate hub beyond traditional metros.
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Apple India has expanded its footprint in Mumbai by securing a significant office lease of 37,500 square feet at Maker Maxity, located in the prominent Bandra Kurla Complex (BKC). This strategic move underlines Apple’s commitment to scaling its operations in one of India’s leading commercial hubs.
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