Articles & Latest News on Office Space - Page 13 of 21

GCCs to Drive Major Growth in India’s Grade A Office Space Demand 0

Global Capability Centres (GCCs) will drive nearly 40% of India’s Grade A office space demand over the next three years. Sectors like engineering, manufacturing, and BFSI will see a 35% growth in leasing. Flex spaces will expand into new regions, with demand surging in major cities and emerging markets.

Kangana Ranaut Purchases Office Space in Andheri for ₹1.56 Crore 0

Kangana Ranaut has purchased a 407 sq ft office space in Mumbai’s Andheri for ₹1.56 crore. This transaction is part of a growing trend of Bollywood stars investing in commercial real estate, with high-profile personalities seeking lucrative returns from office and retail properties in prime locations across Mumbai.

Cognizant Puts Chennai Headquarters Up for Sale, Valued at ₹750-800 Crore 0

Cognizant is selling its Chennai headquarters, valued at ₹750-800 crore, as part of its plan to consolidate operations at its MEPZ campus. The 15-acre property has been Cognizant’s base for two decades. The sale, managed by JLL, follows the company’s broader operational shift and ongoing legal challenges.

WeWork India Expands Footprint in Delhi-NCR with 400,000 Sq Ft Leases 0
- Industry News
- September 5, 2024
WeWork India is leasing over 400,000 square feet across three key locations in Delhi and Gurgaon, marking a major expansion in the Delhi-NCR region. The leases include Prestige Trade Tower, Bharti Worldmark 6, and DLF Cyber City, as demand for flexible workspaces continues to surge in the area.
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Smartworks Secures 6 Lakh Sq. Ft. Office Space in Pune’s Balewadi, Strengthening Presence Ahead of IPO 0
- Industry News
- September 4, 2024
Smartworks has leased 6.13 lakh sq. ft. of office space in Pune’s Balewadi for Rs 4.48 crore per month, expanding its Pune portfolio to over 3 million sq. ft. This move strengthens Smartworks’ presence ahead of its upcoming IPO, as it continues to lead in the Indian flexible workspace sector.
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Two-thirds of India’s Grade-A Office Spaces Now Green Certified, Reflecting a Shift Towards Sustainability 0
- Industry News
- September 2, 2024
Over two-thirds of India’s Grade-A office spaces are now green-certified, reflecting a significant shift towards sustainability in the commercial real estate sector. Driven by corporate sustainability goals and regulatory frameworks, this trend highlights the growing importance of environmentally friendly buildings in reducing carbon footprints and enhancing energy efficiency.
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