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Economic Impact of Flex Workspaces on Urban Development 0
- Leadership
- June 19, 2024
Flex workspaces are redefining urban development by creating jobs, boosting economies, and promoting sustainability. In India, this market is projected to contribute USD 2.2 billion by 2025, driving significant economic and infrastructural growth.
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MoEngage Expands in Bangalore with 900 Seats at 315Work Avenue 0
- Industry News
- June 18, 2024
MoEngage secures an additional 450 seats at 315Work Avenue in Bangalore, bringing their total to 900. This expansion in Koramangala highlights the benefits of co-working spaces for growing businesses. 315Work Avenue continues to expand, with plans to enter New Delhi, NCR, and Hyderabad markets.
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WeWork India Debuts in Chennai with the Launch of Olympia Cyberspace 0
- Industry News
- June 17, 2024
WeWork India has launched Olympia Cyberspace in Chennai, marking its expansion into Tamil Nadu. This new facility spans 1.30 lakh sq ft and offers over 2,000 desks. Located in Guindy, it aims to meet the rising demand in a city burgeoning with diverse business opportunities.
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Modern Buildings Dominate India’s Office Market | JLL Report 0
- Industry News
- June 13, 2024
India’s office market is shifting towards modern, sustainable buildings. From 2021 to Q1 2024, 164.3 million sq ft of new Grade A spaces were added, with 71% being green-certified. Bengaluru and NCR lead in absorption, highlighting the preference for quality, amenities, and sustainability.
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India’s Flex Workspace Market to Double by 2028 – Avendus Report 0
- Industry News
- June 12, 2024
India’s flexible workspace market is set to double by 2028, reaching 126 million sq ft. The sector will see revenues soar to $9 billion, driven by remote work trends. Major operators like WeWork India and Awfis are leading this growth, attracting diverse investors and eyeing public listings.
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Coworking Spaces Surge in Popularity, Doubling Over Four Years 0
- Industry News
- June 11, 2024
India’s coworking sector has doubled in demand over four years, with major cities like Bengaluru and NCR leading the surge. Flexible, cost-effective coworking spaces are increasingly preferred post-pandemic, driving significant commercial real estate absorption growth.
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