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India’s Office Space Absorption Hits Record High in 2024 0
- Industry News
- July 17, 2024
India’s office space absorption hit a record 34.8 million sq. ft. in H1 2024, a 29% increase from 2023. Despite a 32% drop in new supply, vacancy rates fell to 15.9%. Bengaluru led leasing activity, followed by Mumbai and Hyderabad, with strong demand from tech and BFSI sectors.
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Samsung Renews 420,000 Sq Ft Bengaluru Office Lease 0
- Industry News
- July 17, 2024
Samsung Research and Development Institute India-Bangalore renews its 420,000 sq. ft. office lease in Bengaluru for five years, with an annual rent of ₹500 million. Despite global vacancy trends, India’s office space demand is growing and is driven by sectors like GCC and BFSI. Samsung’s commitment underscores Bengaluru’s role as a tech hub.
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Skootr Expands Luxurious Office Space in Bengaluru, Nearing 1 Million Square Feet Milestone 0
- Industry News
- July 17, 2024
Skootr expands its footprint in Bengaluru with a new 200,000 sq. ft. luxury office space, nearing 1 million sq. ft. in six months. Highlighting Bengaluru’s robust real estate market, Skootr continues its commitment to high-end design and innovation, planning an additional 700,000 sq. ft. of office space.
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The Future of Virtual Offices | Flexibility and Efficiency in Modern Workspaces 0
- Workspace Solutions
- July 16, 2024
Discover how virtual offices are revolutionising business operations with cost efficiency, flexibility, and professional advantages, driving the future of coworking spaces.
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Green Buildings: The Future of Real Estate 0
- Workspace Designs
- July 15, 2024
Explore the rise of green buildings in the real estate sector, highlighting their environmental, economic, and social benefits. Check out critical parameters like energy efficiency, water conservation, and sustainable materials while examining technological innovations and green building certifications. Case studies and future trends showcase the promise of green buildings in fostering sustainability and resilience in the built environment.
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The Economics of Co-Working: Cost-Efficiency and Business Growth in India 0
- Coworking
- July 15, 2024
Co-working spaces in India offer cost-efficient solutions for businesses, including flexible leases and opportunities to enhance productivity and collaboration. These flexible workspaces are crucial in supporting business growth, contributing to the commercial real estate sector, and driving economic impact in India’s business landscape, especially with the increasing trend of flexible work arrangements.
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