Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
The 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.
READ MOREFlex workspaces are redefining urban development by creating jobs, boosting economies, and promoting sustainability. In India, this market is projected to contribute USD 2.2 billion by 2025, driving significant economic and infrastructural growth.
READ MOREIndia’s flexible workspace market is set to double by 2028, reaching 126 million sq ft. The sector will see revenues soar to $9 billion, driven by remote work trends. Major operators like WeWork India and Awfis are leading this growth, attracting diverse investors and eyeing public listings.
READ MOREIndia’s flexible workspace market is set to double to 126 million sq ft by 2028, driven by remote work trends and significant investor interest. Major operators like WeWork India and Awfis lead this growth, attracting diverse investments and planning IPOs.
READ MOREFlexible office spaces are gaining popularity as the work-from-home trend declines. Offering convenience for employees and cost-effectiveness for companies, these spaces attract large enterprises, startups, and diverse industries, reshaping the modern workplace landscape.
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