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

Alt.f coworking, one of India’s fastest-expanding workspace brands, has announced the opening of its new Begumpet coworking centre in Hyderabad, set for December 1, 2025. This premium yet affordable space targets small and micro businesses seeking high-quality offices without steep costs, continuing alt.f’s mission to make design-led workspaces accessible for all.
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Pune has emerged as India’s third-largest software export hub with its IT exports doubling in the last five years to ₹1.05 lakh crore. This expansion has propelled strong demand for commercial real estate and driven growth in Global Capability Centres (GCCs). The city’s balanced economy, infrastructure upgrades, and affordable office rents have further strengthened its position as a thriving IT and business destination.
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The Securities and Exchange Board of India (Sebi) has lowered the minimum investment threshold in the primary market for Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs) to Rs 25 lakh. This significant move, effective September 2025, aligns the primary market with the secondary market and makes these asset classes more accessible to a wider set of investors.
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Mindspace Business Parks REIT marked its five-year anniversary since its August 2020 debut on Indian stock exchanges, overcoming pandemic challenges to deliver consistent growth, robust leasing, and attractive returns. With a focus on quality office spaces, sustainability, and tenant well-being, it has established itself as a leading REIT in India.
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The ₹143.35 crore DevX IPO, open from September 10–12, was met with a subscription frenzy, closing Day 1 at 5.34x oversubscription, driven by retail demand. The issue’s momentum highlights investor confidence in flexible workspace platforms, but also brings significant risk signals and competitive context into focus.
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Dev Accelerator, a leading workspace solutions provider, launched its initial public offering (IPO) on September 10, 2025. The offering comprises a fresh issue of 23.5 million equity shares priced between ₹56 and ₹61 each, aiming to raise about ₹143.35 crore. The IPO will remain open for subscription until September 12, with shares expected to list on the BSE and NSE on September 17, 2025.
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