Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Ofis Square is transforming coworking spaces into hubs of creativity and collaboration. Their shared workspaces integrate modern technology, such as IoT, to boost productivity and comfort while fostering a community focused on innovation. Their initiatives, particularly Women at Ofis Square, champion gender equality and empower individuals.
READ MOREEmbassy Office Parks REIT announces a Rs 3,800 crore investment to develop 61 lakh sq ft of premium office space in Bengaluru to expand its rental portfolio. The project, part of a broader strategy to meet rising demand, will enhance the Embassy’s 36.5 million sq ft portfolio.
READ MOREIndia’s offshoring industry is fueling a surge in office space leases, now accounting for over 46% of the market. Companies increasingly seek Grade A spaces in metro cities like Bengaluru, Mumbai, Hyderabad, and Pune, driving demand for high-quality, sustainable office spaces.
READ MOREExplore seven key strategies to transform your office into a nature-centric space. From biophilic design to maximizing natural light and sustainable practices, learn how to boost employee well-being and productivity.
READ MOREThe Q1 2024 India Office Market Overview by Colliers highlights robust growth in Bengaluru and Hyderabad, driving 50% of leasing activities and 75% of new supply. Rental rates are on the rise, and with stable vacancy levels, the market promises lucrative opportunities for investors and occupiers alike.
READ MOREIndia’s office space demand soared in Q1 2024 across top cities, led by Bengaluru, Hyderabad, and Mumbai. This demand is driven by sectors like BFSI and IT-ITES and a shift to Grade A and coworking spaces. The market shows robust growth despite global economic uncertainties.
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