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

Tidel 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.
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315Work 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.
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BHIVE 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
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Incuspaze has expanded its Bengaluru operations by leasing 3.25 lakh sq ft at QUBE Software Park on Outer Ring Road, adding over 5,000 seats. This follows their recent 1.56 lakh sq ft lease in Whitefield. With plans to add 2 million sq ft in southern India, Incuspaze continues its rapid growth.
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Awfis has leased 3 lakh square feet of office space from Nyati Group in Pune, expanding its flexible workspace footprint to half a million square feet. The partnership will introduce premium workspaces at Nyati Empress and Nyati Enthral, meeting the growing demand for adaptable office solutions in Pune’s thriving business ecosystem.
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Awfis Space Solutions has launched two new coworking centres in Bengaluru, adding 66,846 sq. ft. to its portfolio. With plans to expand further, Awfis now operates 1,12,038 seats across 185 centres in India. The company reported a net profit of Rs 1.37 crore in Q4 FY24, reflecting strong growth.
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