Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Flexible workspaces are rapidly becoming the preferred choice for Global Capability Centres (GCCs) in India. By offering scalable, cost-efficient, and hybrid-friendly environments, they empower GCCs to expand swiftly, engage top talent, and adapt to evolving global demands—all while optimizing operational efficiency and reducing real estate overheads.
READ MOREUrban Vault has leased 50,000 sq ft in Bengaluru’s Prestige Obelisk to launch a 1,000-desk managed office centre, reflecting rising demand for flexible workspaces. With a growing 2 million sq ft portfolio, the company continues expanding amid industry forecasts predicting rapid growth in India’s coworking sector through 2026.
READ MOREMeghna Agarwal, Executive Director and COO of IndiQube, is revolutionizing India’s commercial real estate sector. In nine years, she has expanded IndiQube to 100+ properties across 13 cities, driving revenue to INR 867.6 Cr in FY24. Her leadership has solidified IndiQube’s dominance in flexible workspaces while proving profitability at scale.
READ MOREAlt.f coworking, a Gurgaon-based flexible office space provider, took centre stage on Shark Tank India Season 4, Episode 23, showcasing its innovative approach to coworking solutions. The company, founded by Sarthak Chhabra and Yogesh Arora, aims to bridge the gap for micro-businesses, startups, and entrepreneurs seeking affordable, stylish, and adaptable office spaces.
READ MOREIndia’s Tier-II and Tier-III cities are witnessing a surge in demand for flexible workspaces, driven by cost-effective real estate, hybrid work models, and the growing startup ecosystem. Managed office spaces are becoming crucial for businesses seeking scalability, with these cities transforming into key hubs for innovation and corporate expansion.
READ MOREWorkie, an office space management startup, has raised INR 13 Cr ($1.5 Mn) to accelerate its expansion and enhance market leadership. Specialising in flexible office solutions, it manages 15,000 seats across 50 locations in India. With the post-pandemic rise in demand for coworking spaces, Workie aims for significant growth.
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