Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Delhi NCR ranks India’s most expensive office market and 6th in Asia-Pacific, with rents at ₹340/sqft/month. Mumbai follows at 8th with ₹317/sqft, while Bengaluru ranks 18th as a cost-effective option. Knight Frank highlights stable rents, strong global demand, and record transaction volumes driving India’s thriving office market.
READ MORESmartworks has leased 450,000 sq ft at Gurugram’s ASF Insignia Campus, expanding its flexible workspace offerings for SEZ and non-SEZ tenants. Zomato has leased 750 seats, and Smartworks plans further growth, including an IPO to raise ₹110 crore. The company reported ₹1,039 crore in revenue for 2023-24.
READ MOREBata India has unveiled its largest eco-friendly headquarters in Gurugram, celebrating 130 years of global excellence. The sustainable office, featuring smart technology and innovative design, promotes collaboration and employee wellbeing while earning Platinum LEED and GRIHA certifications. Bata’s new workspace exemplifies its commitment to sustainability and a future-focused vision.
READ MOREM3M has leased 220,000 sq. ft. to Incuspaze at M3M Urbana Premium in Gurugram. This deal reflects rising demand for flexible workspaces, with Incuspaze expanding across India. The flexible workspace market is projected to grow significantly by 2030, offering scalable solutions for businesses. M3M plans to lease 2 million sq. ft. in 2024.
READ MORECiena has leased 135,000 square feet of office space in Gurugram’s TRIL Tower to expand its India operations. This move reflects the growing demand for office spaces in the NCR, particularly as SEZs open up. Ciena’s expansion underscores India’s rising importance in the global tech landscape and hybrid work trends.
READ MORECiena has leased 1.35 lakh sq. ft. in Gurugram’s TRIL Tower to expand its operations in India. This strategic move highlights the growing demand for premium office spaces in Gurugram, a key business hub. It reflects Ciena’s commitment to strengthening its presence in the telecommunications and IT sectors.
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