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

Mumbai’s office leasing reached 12.1 million sq ft in 2024, driven by BFSI, technology, and flexible space sectors. National leasing hit a record 79 million sq ft, with sustainability gaining traction as green-certified spaces accounted for 56% of activity. Mumbai remains a key player in India’s evolving commercial real estate market.
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ICICI Bank leases 1.29 lakh sq ft in Navi Mumbai’s Arihant Aura for ₹9 crore annually, spanning four floors with a nine-year tenure. The deal highlights Turbhe’s rising prominence, which is fueled by infrastructure developments. Part of India’s record-breaking 2024 leasing boom reflects strong demand from BFSI and other key sectors.
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Bollywood heartthrob Kartik Aaryan, fresh off a successful 2024 with hits like Chandu Champion and Bhool Bhulaiyaa 3, has kicked off 2025 by making notable additions to his real estate portfolio. The actor has acquired two properties in Mumbai’s bustling Andheri locality—a high-end apartment and a commercial space spanning over 2,000 square feet.
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WeWork India has leased 1.26 lakh sq ft in Mumbai’s Andheri East, expanding its portfolio to over 8 million sq ft across 62 locations. The move highlights India’s growing demand for flexible workspaces, driven by hybrid work models and rising commercial real estate momentum in key markets post-pandemic.
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Bollywood celebrities invested nearly ₹400 crore in Mumbai real estate in 2024, with Amitabh Bachchan and Shahid Kapoor leading the pack. From luxury apartments to strategic hubs, their purchases highlight a trend of combining lifestyle, status, and financial growth in India’s premium property market.
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Mumbai’s commercial real estate market hit new highs in 2024, with top lease deals led by Morgan Stanley (₹15.96 crore monthly for 1 million sq ft) and IMC India (₹700/sq ft in BKC). Rising rentals in BKC, Goregaon, and Worli reflect growing demand from global firms, solidifying Mumbai’s status as a business hub.
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