Office Space Leasing

India’s Office Space Boom | A Closer Look 0
- Industry News
- June 10, 2024
India’s office space market is booming in 2024, driven by high demand in cities like Bangalore and Hyderabad. Managed office spaces are famous for their flexibility and amenities, leading to significant growth in the sector post-pandemic.
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Google Expands Bengaluru Presence with New Office Lease 0
- Industry News
- May 30, 2024
Google leases 649,000 square feet in Alembic City, Whitefield, Bengaluru, for Rs 4.02 crore per month. The expansion includes new office space and plans to manufacture smartphones and drones locally.
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GCCs to Drive 40-45% of Office Leasing in India by FY25 | CBRE Report 0
- Industry News
- May 30, 2024
Global capability centres (GCCs) are set to dominate India’s office leasing market, accounting for 40-45% of leased space in FY25, driven by sectors like engineering, BFSI, and tech. Over 1,900 GCCs will employ 2 million by 2025, highlighting India’s robust talent pool and competitive costs.
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South India Leads Office Property Market Recovery 0
- Industry News
- May 24, 2024
South India, led by Bengaluru, Hyderabad, and Chennai, drives India’s office property market recovery. These cities account for nearly 60% of space demand by 2025, fueled by the tech sector and global capability centres. The office market is booming, with significant growth and large leasing deals expected throughout 2024.
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Chennai Outpaces Bengaluru and Hyderabad in MNC Office Leasing 0
- Industry News
- April 30, 2024
Chennai surpassed Bengaluru and Hyderabad in MNC office leasing in 2023, securing 7 million square feet. Driven by competitive rents and robust infrastructure, Chennai’s market thrived, especially in the global capability centre sector, positioning it as a leading destination for multinational corporations.
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