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IndiQube Files ₹850 Crore IPO to Expand Flexible Workspace Portfolio 0
- Industry News
- January 6, 2025
IndiQube files for a ₹850 crore IPO to fund expansion, debt repayment, and corporate needs. Managing 103 centers across 13 cities, the workspace provider reported ₹868 crore in revenue in FY24. Backed by WestBridge Capital, IndiQube targets India’s growing flexible workspace demand, projected to hit 124 million sq ft by 2027.
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IBM Eyes 260,000 Sq Ft Office Lease in Gurgaon’s TRIL Tower 0
- Industry News
- January 2, 2025
IBM is in talks to lease 260,000 sq ft at Gurgaon’s TRIL Tower, highlighting India’s booming office leasing market, expected to reach 85 million sq ft in 2024. Driven by Global Capability Centres (GCCs) and premium infrastructure demand, Gurgaon leads as a commercial hub amidst India’s 70% APAC net absorption share.
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Mumbai’s Commercial Real Estate Soars in 2024: Top 5 Lease Deals 0
- Industry News
- January 2, 2025
Mumbai’s commercial real estate market hit new highs in 2024, with top lease deals led by Morgan Stanley (₹15.96 crore monthly for 1 million sq ft) and IMC India (₹700/sq ft in BKC). Rising rentals in BKC, Goregaon, and Worli reflect growing demand from global firms, solidifying Mumbai’s status as a business hub.
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Facebook Renews Hyderabad Office Lease for ₹2.8 Crore Monthly 0
- Industry News
- January 2, 2025
Facebook has renewed its Hyderabad office lease in Hitech City for ₹2.8 crore monthly rent across 3.7 lakh sq ft. With a five-year lease and a 15% rent escalation in 2026, this move highlights Hyderabad’s growing appeal. Rising rental rates solidify the city as a prime IT and commercial hub.
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Dr Manmohan Singh: The Architect of India’s Real Estate Boom 0
- Industry News
- January 2, 2025
Dr. Manmohan Singh’s visionary reforms in 1991 and leadership from 2004-2014 transformed India’s economy and fueled a real estate boom. His policies drove 20% annual growth, record rental yields, and surged infrastructure development, attracting foreign investments and shaping modern urban landscapes. His legacy endures in India’s dynamic real estate market.
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India’s Office Leasing Hits Record High in 2024 0
- Industry News
- January 2, 2025
India’s office leasing hit 66.4 million sq ft in 2024, led by Bengaluru, Hyderabad, and Mumbai. Flexible workspaces saw a 45% growth, contributing 20% to demand. Tech, BFSI, and large deals drove leasing while steady supply kept vacancy stable. Experts predict sustained momentum in 2025 and beyond.
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