Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
India’s office market is shifting towards modern, sustainable buildings. From 2021 to Q1 2024, 164.3 million sq ft of new Grade A spaces were added, with 71% being green-certified. Bengaluru and NCR lead in absorption, highlighting the preference for quality, amenities, and sustainability.
READ MOREIndia’s flexible workspace market is set to double by 2028, reaching 126 million sq ft. The sector will see revenues soar to $9 billion, driven by remote work trends. Major operators like WeWork India and Awfis are leading this growth, attracting diverse investors and eyeing public listings.
READ MOREIndia’s coworking sector has doubled in demand over four years, with major cities like Bengaluru and NCR leading the surge. Flexible, cost-effective coworking spaces are increasingly preferred post-pandemic, driving significant commercial real estate absorption growth.
READ MOREIndia’s office space market is booming in 2024, driven by high demand in cities like Bangalore and Hyderabad. Managed office spaces are famous for their flexibility and amenities, leading to significant growth in the sector post-pandemic.
READ MOREAnant Yardi, an Indian-born billionaire, takes charge as WeWork’s CEO. He invests heavily to revive the bankrupt co-working giant, and his strategic vision aims to steer WeWork towards renewed success.
READ MOREIndia’s flexible workspace market is set to double to 126 million sq ft by 2028, driven by remote work trends and significant investor interest. Major operators like WeWork India and Awfis lead this growth, attracting diverse investments and planning IPOs.
READ MORE