India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

Sony Pictures Networks’ Culver Max Entertainment has leased 73,646 sq ft of premium office space in Goregaon, Mumbai, for ₹144 crore over five years. The deal reflects strong enterprise demand for Grade-A offices in well-connected business districts, with institutional developers continuing to attract large occupiers across India’s evolving commercial real estate landscape.
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India’s Grade-A office stock has crossed 1 billion sq ft, highlighting the market’s maturity and resilience. NCR, led by Noida and Greater Noida, is driving growth amid strong demand from GCC and MNCs. With limited quality supply, rentals in prime office hubs may rise 7–9% soon.
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Prime Offices Fund has entered India’s institutional real estate market with a ₹750 crore acquisition of a Grade A office asset in Delhi’s Saket District Centre. The deal reflects rising investor confidence in stabilised, sustainable office buildings and reinforces Delhi’s position as a key commercial investment destination.
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