Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Bengaluru led India’s office leasing market in 2024 with 21.8 million sq. ft. of absorption, driven by GCCs, tech firms, and flexible space operators. Pan-India leasing hit 79 million sq. ft., with sustainability gaining traction—56% of leases in green-certified buildings. 2025 trends include GCC expansion, flexible spaces, and eco-friendly developments.
READ MORES&P Global has expanded its India presence with a new 33,000 sq. ft office in Bengaluru, designed to enhance collaboration, innovation, and employee well-being. Featuring flexible workspaces, wellness amenities, and cultural elements, the office strengthens S&P Global’s India operations, supporting 15,000 employees across multiple cities in its continued growth.
READ MORESimpliwork Offices has leased 1.5 lakh sq. ft. at Embassy Manyata Business Park, Bengaluru, for ₹100 crore, with an additional ₹40 crore investment in workspace development. The expansion strengthens its premium flex office portfolio, aligning with rising corporate demand. With ₹850-900 crore revenue projections, Simpliwork continues to dominate India’s flex workspace sector.
READ MOREBengaluru’s real estate market will grow in 2025, driven by northern and eastern micro-markets, improved metro connectivity, and strong residential demand. Developers embrace vertical growth while challenges like e-khata delays and approval timelines persist. Key projects by Shriram Properties and others highlight the city’s rising real estate momentum.
READ MOREIndia’s office leasing hit 66.4 million sq ft in 2024, driven by Bengaluru’s 21.7 million sq ft absorption. Flex spaces surged with 12.5 million sq ft leased, accounting for 20% of demand. While Chennai and Delhi-NCR saw declines, tech, BFSI, and manufacturing sectors fueled overall growth.
READ MOREWeWork India achieves a milestone with 1 lakh operational desks nationwide, inaugurating a 1.1 lakh sq ft centre in Bengaluru. Expanding further, it plans new workspaces in Gurugram and Chennai by 2025. With a presence in eight cities, WeWork continues shaping India’s flexible workspace landscape, catering to evolving workforce needs.
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