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Gurgaon

  • Commercial Real Estate Soars in 2024, Gurugram and Noida Lead the Way

    Commercial Real Estate Soars in 2024, Gurugram and Noida Lead the Way0

    India’s commercial real estate surged in 2024, with 52 million sq ft Grade-A office absorption, led by Gurugram and Noida. Infrastructure projects like Dwarka Expressway and Noida International Airport boosted demand for premium office and retail spaces. Strong corporate interest positions these regions for continued growth in 2025.

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  • Delhi-NCR Powers India’s Office Space Surge in 2024

    Delhi-NCR Powers India’s Office Space Surge in 20240

    Delhi-NCR’s office market surged in 2024, with 9.4 million sq ft net absorption and record-breaking 17.7 million sq ft gross leasing. Driven by Global Capability Centres, flexible workspaces, and technology, it contributed 15.4% to India’s 49.56 million sq ft absorption. Vacancy rates hit a three-year low, showcasing robust demand nationwide.

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  • Gurugram’s Office Realty Resurges with Mega Leasing Deals

    Gurugram’s Office Realty Resurges with Mega Leasing Deals0

    Gurugram’s office realty is surging with major leases, including Google’s 550,000 sq ft deal and IBM’s 260,000 sq ft space. Co-working operators like Smartworks are expanding rapidly. Factors like the return to office work, unicorn startups, and flexible workspaces are driving demand, reaffirming Gurugram’s status as a corporate hub.

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  • Google Expands in Gurugram with Massive 5.5 Lakh Sq Ft Office Lease

    Google Expands in Gurugram with Massive 5.5 Lakh Sq Ft Office Lease0

    Google has leased 5.5 lakh sq ft of office space in Gurugram with Table Space, marking one of India’s largest managed workspace deals. The agreement includes an expansion option of 2 lakh sq ft. This move reflects the booming demand for Grade A office spaces as tech firms expand in India.

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  • Smartworks Expands in Gurugram with Major Lease Deal

    Smartworks Expands in Gurugram with Major Lease Deal0

    Smartworks has leased 4.8 lakh sq ft in DLF City Phase 5, Gurugram, for ₹94.68 crore annually, marking a significant expansion. The six-year deal includes six floors, parking for 794 cars, and rental escalation. This move reinforces Smartworks’ leadership in coworking, aligning with the rising demand for flexible, enterprise-grade office solutions.

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  • IBM Eyes 260,000 Sq Ft Office Lease in Gurgaon’s TRIL Tower

    IBM Eyes 260,000 Sq Ft Office Lease in Gurgaon’s TRIL Tower0

    IBM is in talks to lease 260,000 sq ft at Gurgaon’s TRIL Tower, highlighting India’s booming office leasing market, expected to reach 85 million sq ft in 2024. Driven by Global Capability Centres (GCCs) and premium infrastructure demand, Gurgaon leads as a commercial hub amidst India’s 70% APAC net absorption share.

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About Flex Insights

theflexinsights.com is a platform aiming at being the go-to place for insights, trends and predictions about coworking and flexible workspaces in India. It aims at connecting individuals, businesses and workspaces to create a fostering environment and to propel growth for the overall coworking and flexible workspaces industry within India.

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