Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
The Executive Centre (TEC) is investing ₹125 crore to expand its presence in India, adding over 2.6 lakh sq ft across major cities. With new centres in Mumbai, Chennai, Hyderabad, and more, TEC aims to meet the rising demand for flexible workspaces catering to various sectors, including IT, BFSI, and startups.
READ MOREBHIVE, a flexible office space provider, has signed a landmark deal by leasing over 900 desks to Nuvama, a wealth management firm, at the prestigious Bandra Kurla Complex (BKC) in Mumbai. This move marks BHIVE’s first significant expansion outside its Bengaluru base and strengthens its presence in one of Mumbai’s key business districts. The lease
READ MOREInnov8, India’s leading coworking startup, is entering the managed office space sector with plans to expand by 4 million sq. ft. over three years. With a ₹50 crore investment, Innov8 will focus on premium, customizable workspaces in Grade A buildings, positioning itself as a leader in India’s growing flexible office market.
READ MORETidel Park Trichy is set to triple its IT office space with a ₹315.2 crore project, adding 5.5 lakh sq ft in phase one. This expansion, alongside private developers’ contributions, will position Trichy as an emerging IT hub, offering low operational costs and access to a growing talent pool.
READ MORE315Work Avenue has expanded its presence in Pune by leasing an additional 56,000 sq ft at International Tech Park Pune, Kharadi, bringing its total space to 1 lakh sq ft. The coworking provider now operates six centres in Pune and plans further expansion into markets like Delhi NCR and Hyderabad.
READ MOREBHIVE Workspace, a prominent managed office space provider based in Bengaluru, has secured a lease for 77,000 square feet from Address Maker on CMH Road in Indiranagar. The annual rent for this prime location is ₹8.5 crore, according to a company statement issued on September 9. The new property will accommodate over 1,500 seats and
READ MORE