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

Colliers says India’s Grade A demand may reach ~70 million sq ft in 2025, with around 60 million sq ft of new supply. Occupiers are prioritising quality, hybrid work, sustainability, and inclusivity. “Over 80%” of the upcoming Grade A supply is green-certified, while flex could “drive nearly 20%” of demand, reshaping workplace strategy.
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Industries Minister P. Rajeeve visited ‘i by Infopark’ at Ernakulam South Metro, praising its “world-class facilities.” The 48,000 sq ft, seven-floor site offers 580+ workstations, direct station entry, and Kerala’s first neurodiversity-friendly coworking design. With Zoho leasing an entire floor, the project targets freelancers, startups, MNCs, and GCCs, with statewide expansion planned.
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OpenAI has leased a 50-seater office in New Delhi with CorporatEdge, prioritising the capital over Noida and Gurugram. The move follows the rapid adoption of ChatGPT in India, with plans for a local team and the introduction of a ₹399/month ChatGPT Go plan. Industry watchers expect AI firms to accelerate CRE absorption, particularly in managed workspaces.
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Kalpataru Group sold six built-to-suit floors in Kalpataru Virtus, Vikhroli, to Bernhard Schulte Shipmanagement for ₹304.05 crore. The 93,226 sq ft RERA-carpet transaction spans floors 15–20 on JVLR, registered November 4, 2025. Completion is slated for December 2027 with possession in December 2028. BSM cites India’s strategic role and flexible workspace needs.
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Cushman & Wakefield reports Mumbai clocked USD 1.2B in institutional inflows in 9M 2025, its fourth straight USD 1B+ year. India is on track for USD 6–6.5B in 2025, with domestic investors at 48% of YTD capital. Office leads allocations, while infra upgrades and diversified capital deepen Mumbai’s gateway-market appeal.
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Figma has opened an office in Bengaluru and will begin hiring in India, its second-largest active user market. The AI-powered design and product platform, which earns about half its revenue outside the US, expands its global footprint and deepens local ties. Customers in India already include Airtel, CARS24, Groww, Myntra, Swiggy, TCS, and Zomato.
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