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

UB Heritage, a leading real estate developer, has been recognised with the prestigious ‘Excellence in Modern Architectural Design’ award at the HURUN India Real Estate Excellence Awards 2025, co-hosted by GROHE and HURUN INDIA. This accolade highlights UB Heritage’s commitment to delivering thoughtfully designed spaces that blend timeless aesthetics with practical functionality, elevating the standards of real estate in Gujarat.
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Dow Chemicals, a global materials science leader, has partnered with Mindspace Business Parks to significantly expand its industrial and logistics real estate presence in India. This strategic collaboration aims to develop state-of-the-art industrial parks and logistics hubs, catering to the growing demand fueled by India’s evolving manufacturing and supply chain sectors.
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Multinational corporations (MNCs) are increasingly seeking high-quality Grade A office spaces in India, driven by long-term growth plans and the need to provide modern workplaces for their employees. According to Rahul Sayal, Managing Director of Bharti Realty, this trend is fueling robust demand, especially in major business hubs.
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India’s rapid shift toward flexible workspaces has ignited intense competition among key providers—IndiQube, Awfis, and Smartworks. As demand surges from startups, SMEs, and large enterprises alike, these brands are racing to expand, streamline offerings, and attract investors, making the sector one of India’s hottest commercial real estate battlegrounds.
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India’s technology industry accounted for 40% of all Grade A office space leasing in the first half of 2025, marking robust demand despite global economic turbulence. Leading tech firms—driven by rapid GCC growth, digitisation, and enterprise expansion—leased over 10 million sq ft across major Indian cities, reaffirming the sector’s dominant role in the commercial real estate market.
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Apple India Pvt Ltd has signed a landmark office lease agreement with Embassy Group, committing to invest more than INR1,000 crore ($120 million) in Bengaluru’s Embassy Zenith tower over the next 10 years. This strategic partnership highlights Apple’s intent to accelerate its expansion in India’s tech and commercial capital, further embedding Bengaluru in Apple’s global innovation and supply chain ecosystem.
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