Articles & Latest News on India - Page 8 of 15

India’s Coworking Industry Surges Amid IPO Boom and Rising Demand 0

November 26, 2024

India’s coworking sector is booming, driven by hybrid work models, rising office rents, and IPO activity. Awfis, Smartworks, and DevX lead the IPO wave, while expansion into Tier-II and Tier-III cities signals future growth. Flexible workspaces now account for 15% of leasing, with demand projected to grow 60% by 2028.

Amazon India’s Headquarters Relocation to Cut Costs Significantly 0

Amazon India is relocating its Bengaluru headquarters to reduce costs, saving nearly ₹8 crore annually on rent. The move affects 5,000 employees and raises challenges for landlord Brigade Enterprises. Meanwhile, Amazon’s logistics and payments units show steady growth, and its wholesale division reduces losses amid stricter FDI regulations in India.

OpEx Model Revolutionizes India’s Commercial Real Estate Landscape 0

India’s commercial real estate is shifting to an OpEx model, prioritising flexibility and cost-efficiency. Corporations are embracing managed and co-working spaces, with leasing projected at 70 million sq. ft by 2024. Sustainability and tech-driven solutions like smart building systems further drive this trend, transforming workspace strategies for adaptability and growth.

Indian Real Estate Market 2024: Recovery, Growth, and Transformation 0
- Industry News
- November 21, 2024
India’s real estate market will see a steady recovery and transformation in 2024. Office leasing nears pre-pandemic levels, fueled by IT and hybrid work models, while e-commerce drives warehousing demand. Residential trends favour integrated townships and sustainable green buildings. Affordable housing expands, though affordability challenges persist in major cities like Mumbai and Delhi.
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India Dominates APAC Office Market with Over 70% of Q3 2024 Leasing Demand 0
- Industry News
- November 19, 2024
India leads the Asia-Pacific office market, driving over 70% of Q3 2024 leasing demand, fueled by a 10.7% YoY surge in regional activity. With rising rental rates, robust absorption in Bengaluru and Hyderabad, and 1.34 million square meters of new completions, India cements its position as the APAC market leader for 2025.
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India Leads Asia-Pacific Office Market, Capturing 70% Share of New Supply 0
- Industry News
- November 16, 2024
India now leads the Asia-Pacific office market, capturing 70% of new office space supply with over 14.4 million sq ft completed in Q3. Driven by strong demand, India’s office sector will add 54-64 million sq ft of Grade A space in 2024, reinforcing its APAC market prominence.
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