Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
India Inc. is increasingly adopting flexible workspaces, with 58% of companies expected to allocate over 10% of their office portfolios to these spaces by 2026. Domestic occupiers lead this trend, driven by skilled workers and cost efficiencies. Major firms plan significant portfolio expansions, favouring an office-first approach.
READ MOREDiscover the evolution of India’s office space globally, focusing on flexible work environments and the rise of hybrid work cultures post-pandemic.
READ MOREGlobal corporations are flocking to Chennai, driving high demand for flexible office spaces. From April to June 2024, 0.7 million sq. ft. was leased to flexi-space operators. Companies favour operational over capital expenses, with key micro markets in OMR and Guindy seeing significant activity.
READ MOREExplore the transformation of flexible offices in India, from niche market to recognized industry. Learn how technology, service-oriented approaches, and user-centric models are driving growth and reshaping the future of workspaces. Discover strategies for sustainability and expansion in this evolving sector.
READ MOREThe latest report by Qdesq and MyBranch highlights the significant growth in Tier 2 and Tier 3 cities, focusing on the expanding flexible office space market. Economic reforms, substantial business investments, and vibrant urban development initiatives drive this growth.
READ MORETier-II cities in India are becoming new hotspots for flexible workspaces, with Ahmedabad leading in flex stock at over 0.5 million sq. ft. The growth, driven by the IT and e-commerce sectors, is highlighted by significant expansions by major operators in cities like Chandigarh, Jaipur, and Kochi.
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