Search results

India’s GCCs Set to Dominate Office Space by 2027 0
- Industry News
- August 2, 2024
India’s Global Capability Centers (GCCs) are set to occupy 26 million sq ft of office space by 2027. With 6,667 deals from 2018-2023, GCCs are crucial to India’s innovation landscape. Projections show that 1,900 centres will be built by 2025, driven by the IT/ITeS, BFSI, and consulting sectors, highlighting India’s global strategic importance.
READ MORE
BHIVE Workspace Expands with Major Lease in Bengaluru 0
- Industry News
- August 2, 2024
BHIVE Workspace has leased 42,000 sq ft from Brigade Group in Bengaluru, expanding its presence in Mahadevapura. The new facility supports 1,200+ seats and features tech-enabled conference rooms. This lease is part of BHIVE’s plan to add 1 million sq ft of managed office space, doubling revenue to ₹348 crore in FY 2024-25.
READ MORE
Delhi-NCR Climbs the Ranks: 5th Most Expensive Office Market in APAC 0
- Industry News
- August 1, 2024
Delhi-NCR ranks as APAC’s fifth most expensive office rental market, with monthly prime office rents at Rs 340 per sq ft. Indian office space transactions surged 50% in Q2 2024, driven by returning employees and strategic corporate investments. Mumbai and Bengaluru also saw stable rental rates and high demand.
READ MORE

Union Budget 2024-25 | Boost for the Commercial Real Estate Sector 0
- Industry News
- July 29, 2024
The Union Budget 2024-25 offers major advantages for the commercial real estate sector, including urban development, rental housing reforms, and policies supporting the growth of coworking spaces.
READ MORE
American Express Opens Largest Global Office in India 0
- Industry News
- July 26, 2024
American Express opens its largest global office in Gurugram, India, spanning one million square feet. The LEED Gold-certified campus focuses on sustainability, health, and wellness and aims to enhance innovation. The new facility supports all company divisions and underscores AmEx’s commitment to leveraging local talent and expanding in India.
READ MORE
WeWork India Expands | Leases 1.4 Lakh Sq Ft in Noida and Bengaluru 0
- Industry News
- July 26, 2024
WeWork India expands with 1.4 lakh sq ft of new office space in Bengaluru and Noida, opening in September-October 2024. The new locations will offer over 2,400 desks, enhancing WeWork’s presence across 57 locations in major Indian cities to meet the rising demand for flexible workspaces.
READ MORE