Bangalore office space Archives - Page 2 of 2

BHIVE Workspace Expands in Bengaluru with ₹8.5 Crore Annual Lease 0
- Industry News
- September 14, 2024
BHIVE Workspace, a prominent managed office space provider based in Bengaluru, has secured a lease for 77,000 square feet from Address Maker on CMH Road in Indiranagar. The annual rent for this prime location is ₹8.5 crore, according to a company statement issued on September 9. The new property will accommodate over 1,500 seats and
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Bengaluru Leads India’s Flexible Workspace Growth: Cushman & Wakefield Report 0
- Industry News
- September 9, 2024
Bengaluru leads India’s flexible workspace market, accounting for 31% of the total Grade A flex supply, with 58 million sq ft across top cities. Driven by hybrid work models and high demand from the IT sector, flexible spaces now make up 11-13% of nationwide office space demand, according to Cushman & Wakefield.
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Urban Vault Expands in Bengaluru, Leases 1 Lakh Sq Ft Office Space 0
- Industry News
- September 6, 2024
Urban Vault has leased 1 lakh square feet in Bengaluru’s Brigade Summit to meet the rising demand for flexible workspaces. The facility offers 2,000 desks at ₹9,000 per seat. Urban Vault plans further expansion into Pune, Gurugram, Hyderabad, and Mumbai, positioning itself as a key player in India’s coworking market.
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Awfis Space Expands in Bengaluru, Boosting Market Presence and Financial Performance 0

Awfis Space Solutions has launched two new coworking centres in Bengaluru, adding 66,846 sq. ft. to its portfolio. With plans to expand further, Awfis now operates 1,12,038 seats across 185 centres in India. The company reported a net profit of Rs 1.37 crore in Q4 FY24, reflecting strong growth.

Embassy REIT Secures 8 Lakh Sq. Ft. Lease with Commonwealth Bank in Bengaluru 0

Embassy REIT has signed an 8 lakh sq. ft. lease with the Commonwealth Bank of Australia (CBA) in Bengaluru, marking a significant expansion of CBA’s operations in India. This deal reinforces Bengaluru’s status as a key business hub and highlights Embassy REIT’s role in the premium office space market.

NatWest Group Expands in Bengaluru with 3.7 Lakh Sq. Ft. Office Lease 0

NatWest Group has leased 3.7 lakh sq. ft. in Bengaluru’s Bagmane Constellation Business Park to expand its engineering workforce, which will be operational by April 2025. This move highlights Bengaluru’s appeal to MNCs, though Chennai is emerging as a strong competitor in the office space market due to lower rental rates.

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