Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Deloitte leases 175,000 sq ft in Prestige Trade Tower at Delhi’s Aerocity, marking Prestige Group’s commercial debut in the capital. This move reflects a strong demand for premium office spaces near the airport. The project includes hotel rooms, office spaces, and a convention centre set to boost Aerocity’s business landscape.
READ MORESEBI’s new regulations for Small and Medium REITs (SMREITs) democratise real estate investments for retail investors, unlocking significant monetisation opportunities and enhancing liquidity. Platforms like Strata and Propshare are transitioning to SMREITs; offering stabilised returns and transparency.
READ MOREExplore how creative companies in India are revolutionising office spaces, blending aesthetics with functionality to create inspiring work environments that enhance productivity and employee satisfaction.
READ MOREWipro opens its Smart and Connected IoT Experience Centre in Pune, showcasing advanced IoT and Smart Technology applications. The facility features innovative lighting solutions, ergonomic designs, and live demonstrations. It aims to support modern businesses and drive growth across India, emphasising sustainability and smart infrastructure.
READ MOREIndia’s Global Capability Centers (GCCs) are set to occupy 26 million sq ft of office space by 2027. With 6,667 deals from 2018-2023, GCCs are crucial to India’s innovation landscape. Projections show that 1,900 centres will be built by 2025, driven by the IT/ITeS, BFSI, and consulting sectors, highlighting India’s global strategic importance.
READ MOREThe Union Budget 2024-25 offers major advantages for the commercial real estate sector, including urban development, rental housing reforms, and policies supporting the growth of coworking spaces.
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