Articles & Latest News on Office Space

Centre Clears Nearly 1,000 Football Fields of Office Space Ahead of Central Vista Move 0

In preparation for the Central Vista relocation, Central Government offices have cleared over 676 lakh sq ft of space—equivalent to 1,000 football fields—since 2021 under the Swachhta campaign. Backed by digital transformation, the drive has generated over ₹3,100 crore from scrap sales and significantly reduced file pendency.

Samsung Ramps Up Flexible Office Space in Chennai with Big WeWork Deal 0

Samsung India made a significant move in Chennai, doubling its flexible workspace by leasing 1,000 desks at WeWork’s Olympia Cyberspace. While that might sound like just another corporate real estate update, it’s part of a bigger shift in how companies like Samsung are rethinking where—and how—their people work.

AU Small Finance Bank Makes Landmark Office Space Acquisition in Mumbai 0

AU Small Finance Bank has acquired an 11-storey office tower in Mumbai’s Bandra for INR 371 crore, marking the largest office space purchase by a financial institution in 2025. This move supports its post-merger expansion, aims to establish a new headquarters, and signals a strategic shift toward owning prime commercial real estate.

Tier-II Cities Rise as the Next Frontier for Office Space Demand in India 0
- Industry News
- May 29, 2025
India’s Tier-II cities like Coimbatore and Mysuru are emerging as office space hotspots, driven by hybrid work models, affordable rents, and rising startup activity. Major corporations and coworking providers are expanding beyond metros, despite infrastructure challenges. These cities are reshaping India’s commercial real estate landscape with growing demand and improving connectivity.
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Gurgaon Councillors Push for Office Space and Staff Support Amid Growing Administrative Needs 0
- Industry News
- May 23, 2025
Gurgaon councillors have urged Haryana CM Nayab Singh Saini to provide office spaces and staff support to serve their wards better. While some operate from community centres or private offices, they stress formal infrastructure needs. The MCG has promised action pending verification, acknowledging growing administrative demands in the expanding city.
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India’s Ageing Office Spaces Signal Rs 500 Billion Opportunity for Upgrades 0
- Industry News
- May 13, 2025
Nearly half of India’s office space is over a decade old, posing risks of low occupancy and outdated functionality. A CBRE study highlights a Rs 500 billion investment opportunity in retrofitting 434 million sq. ft. to meet modern workplace demands and sustain competitiveness across key markets like Bengaluru, Delhi-NCR, and Mumbai.
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