Office Leasing

GCCs Drive India’s Office Leasing with 37% Share 0
- Workspace Solutions
- July 18, 2024
Global Capability Centers (GCCs) drive 37% of India’s office leasing, attributed to BFSI and technology firms. Bengaluru, Pune, and Hyderabad lead in leasing, highlighting strategic importance. Diversified tenant demand and flexible office spaces indicate continued growth in India’s commercial real estate.
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Hyderabad’s IT Sector Sees Massive Office Space Leases by MNCs 0
- Industry News
- June 28, 2024
Four major MNCs, including Qualcomm and IBM India, have leased over 870,000 sq. ft. of office space in Hyderabad’s booming IT sector. This surge reflects the city’s robust real estate market and infrastructure development. Hyderabad is solidifying its position as a premier business hub with strong residential and commercial growth.
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Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space 0
- Industry News
- June 20, 2024
Amazon is expanding its presence in Bengaluru by leasing 1.1 million sq ft of office space from Sattva Group to house over 7,000 employees. This expansion is located near the international airport and is part of Amazon’s broader growth strategy in major Indian cities.
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Office Leasing Set for Strong Growth in 2024 0
- Industry News
- May 15, 2024
Office leasing will surge in 2024, driven by the technology sector. Prime cities like Bengaluru and Hyderabad lead the growth. In 2023, office absorption hit a four-year high, with significant contributions from Global Capability Centres. This trend is set to continue, reflecting a strong commercial real estate market.
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