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GCCs Reclaim Spotlight: 40% Share in 2025 Drives New Office Market Growth 0
- Industry News
- September 18, 2025
India’s Global Capability Centres (GCCs) have staged a powerful comeback, driving over 40% of the nation’s office leasing demand in 2025, according to Colliers. Key demand drivers extend beyond technology to BFSI, engineering, healthcare and consulting, reflecting new momentum in diversified sectors and city micro-markets. Major urban hubs like Bengaluru, Hyderabad and Chennai now form the backbone of pan-India GCC expansion, with regional leasing spikes and growing interest from Tier II cities.
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Indian REIT Market to Cross $25 Billion by 2030: ANAROCK–CREDAI Report 0
- Industry News
- September 16, 2025
India’s Real Estate Investment Trust (REIT) market is experiencing rapid expansion, with its capitalisation projected to surpass $25 billion by 2030, according to a new ANAROCK–CREDAI report. Supported by regulatory reforms, investor appetite, and sectoral diversification, REITs are emerging as mainstream vehicles for institutional investment, offering highly competitive yields and substantial growth prospects
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Dev Accelerator IPO Allotment Finalised with 64% Oversubscription and 13% Expected Listing Gain: Step-by-Step Guide to Check Status and GMP Update 0
- Industry News
- September 16, 2025
Dev Accelerator’s IPO share allotment was finalised on September 15, 2025, following a highly oversubscribed issue that drew robust investor demand across categories. Investors can now check their allocation status on multiple official platforms ahead of the expected listing on September 17. The IPO continues to trade at a grey market premium (GMP) of ₹8, indicating strong listing gains. This report provides details on the allotment process, subscription statistics, how to check share allocation, and the latest GMP trends.
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BlackRock Secures ₹410 Crore Lease for 1.43 Lakh Sq Ft Office Space in Bengaluru 0

BlackRock Services India Pvt Ltd, the Indian subsidiary of global asset giant BlackRock Inc, has finalised a lease deal for 1.43 lakh sq ft of premium office space in KNG Tower 1, Ashok Nagar, Bengaluru. The agreement, valued at ₹410 crore for a ten-year term, sets a monthly rent of ₹2.72 crore (₹190/sq ft), with a 5% annual escalation and a security deposit of ₹21.75 crore. Registered in August 2025, this deal highlights Bengaluru’s strong commercial real estate momentum, attracting large-scale occupiers and international investors.

Ofis Square Launches ‘Beyond Ofis’: Pioneering a Community-Centric Coworking Revolution 0

Ofis Square, India’s premium coworking brand, has unveiled Beyond Ofis—a bold, people-first initiative redefining the Indian workspace scene. More than just upgraded amenities, this extension places community, holistic growth, and authentic storytelling at the heart of work culture, setting a new benchmark for coworking in the country.

Awfis Launches Premium Gold Centre in Pune: The City’s Flex Workspace Revolution 0

Awfis Space Solutions has unveiled its first premium Gold Centre at Eleven West, Baner, Pune, marking a shift in the city’s flex workspace market. With plans to open multiple Gold and Elite centres across tier-1 and tier-2 cities, the company aims for 30% revenue growth and significant seat expansion in FY26, riding the rising demand fuelled by GCCs and multinationals.

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