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

Once known for its backwaters, Kochi is now India’s newest hub for flexible workspaces. With 17 million sq. ft. of office absorption, affordable rentals, and global connectivity, the city is attracting startups and enterprises alike. Areas like Kakkanad and Edappally are transforming into vibrant coworking and managed office clusters.
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Kochi is set to make a grand leap in the IT landscape with the Lulu IT Twin Towers launching on June 28. Built at ₹1,500 crore in SmartCity, Kakkanad, the 152-meter-high towers offer 35 lakh sq ft of premium workspace, world-class amenities, and the world’s most extensive robotic parking system.
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Kochi’s commercial real estate sector is expanding rapidly, with office space reaching 17 million sq. ft. and retail space growing at a 9% CAGR. Technology firms drive office leasing, while fashion and lifestyle brands lead retail demand. Government-backed initiatives and sustainability efforts position Kochi as a rising business hub.
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