Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Table Space is set to expand its footprint in India, leasing over 2.5 MSF across Chennai, Mumbai, Hyderabad, and Bengaluru. This move targets rising demand for flexible workspaces, with strategic leases in prime locations to accommodate the growth of multinational companies and various industries.
READ MOREIncuspaze has leased 3.5 lakh sq ft of office space in Gurugram, enhancing its presence in NCR. This expansion addresses the growing demand for flexible workspaces that cater to startups and enterprises and offer modern, collaborative environments.
READ MOREMicrosoft has acquired 48 acres of land in Hyderabad for Rs 267 crore to build a new data centre. Located 40 km from the city, this facility will be one of the region’s largest, reflecting Microsoft’s expansion of its data centre business in India.
READ MOREOffice leasing will surge in 2024, driven by the technology sector. Prime cities like Bengaluru and Hyderabad lead the growth. In 2023, office absorption hit a four-year high, with significant contributions from Global Capability Centres. This trend is set to continue, reflecting a strong commercial real estate market.
READ MOREData analytics transforms the coworking industry by optimising operational efficiencies, enhancing user experiences, and enabling predictive analytics for strategic planning. It delves into advanced tools like CRM systems and IoT sensors to analyze trends and personalise services based on member needs while addressing privacy and ethical data use challenges.
READ MOREThe Executive Centre (TEC) has reported a 31% revenue growth in India, reaching Rs 475 crore in 2023. This surge is attributed to expanding its premium, flexible workspaces across major cities, meeting the increased demand post-COVID. TEC now operates 40 centres with high occupancy rates in India.
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