Articles & Latest News on Office Space

India’s Office Space Market Set for Double-Digit Growth in 2025 0
- Industry News
- February 21, 2025
India’s office space market is set for double-digit growth in 2025, with leasing projected to reach 65-70 million sq ft. Bengaluru will lead demand, while Hyderabad and Delhi NCR will grow significantly. GCCs, BFSI firms, and flex space operators will drive expansion, with sustainability and REITs reshaping commercial real estate.
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HDFC Bank Secures 4.5 Lakh Sq. Ft Office Space in Mumbai’s Andheri East in ₹1,020 Crore Lease Deal 0
- Industry News
- February 18, 2025
HDFC Bank has signed a 10-year lease for 4.5 lakh sq. ft of office space in Mumbai’s Andheri East, valued at ₹1,020 crore. The deal includes 227 parking spaces and a 15% rent escalation every three years. This move aligns with HDFC Bank’s real estate restructuring and expansion strategy.
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Hyderabad’s Office Space Boom: Set to Cross 200 Million Sq. Ft by 2030 Amidst Rising Tech and GCC Demand 0
- Industry News
- February 18, 2025
Hyderabad is on track to surpass 200 million sq. ft of office space by 2030, fueled by increasing demand from technology firms and Global Capability Centers (GCCs), according to a joint report by CBRE and the Hyderabad Software Enterprises Association (HYSEA). The city’s office stock has tripled since 2014, reaching nearly 137 million sq. ft as of December 2024.
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NPCI Leases Prime Office Space in Mumbai for ₹2.15 Crore Monthly 0

NPCI has leased two floors in Mumbai’s Oberoi Commerz III, Goregaon East, for ₹2.15 crore per month. Spanning 115,332 sq ft, the 60-month lease includes a 15% rental hike after three years. This expansion aligns with NPCI’s strategy to strengthen India’s digital payments infrastructure and operational capabilities.

Nuvama-Cushman & Wakefield JV Raises ₹1,700 Crore for Office Investments 0

Nuvama-Cushman & Wakefield JV raised ₹1,700 crore under its Prime Offices Fund (PRIME) to invest in Grade A+ office spaces across India’s top cities. With a ₹3,000 crore target, the fund aims to shape world-class workspaces, reflecting strong investor confidence in India’s booming commercial real estate sector.

Tata Investment Corporation Acquires Prime Office Space in Mumbai for INR 150 Crore 0

Tata Investment Corporation has acquired 43,000 sq ft of office space across two floors in Mumbai’s Wadala for INR 150 crore. The purchase in Lodha Excelus at New Cuffe Parade includes 63 parking slots. This move signals Tata’s strategic expansion amid rising demand for outright office ownership in India.

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