Articles & Latest News on Office Space - Page 2 of 17

Hyderabad Office Space Vacancy Set to Surge Amid Record Supply Growth 0

Hyderabad’s Grade A office vacancy rates are projected to reach 24% by 2026 due to record supply growth outpacing demand. Key areas like Gachibowli face rising vacancies, while Hitech City remains stable. Sustainability and tech-forward spaces are crucial for attracting tenants in this rapidly evolving commercial real estate market.

Office Space Management Startup Workie Secures INR 13 Cr Funding to Propel Expansion 0

Workie, an office space management startup, has raised INR 13 Cr ($1.5 Mn) to accelerate its expansion and enhance market leadership. Specialising in flexible office solutions, it manages 15,000 seats across 50 locations in India. With the post-pandemic rise in demand for coworking spaces, Workie aims for significant growth.

Table Space Appoints Karan Chopra and Kunal Mehra as Co-CEOs to Drive Growth 0

Table Space appoints cofounders Karan Chopra and Kunal Mehra as co-CEOs, with Chopra as chairman and Mehra as president. The enterprise workspace leader serves 150+ clients, including Dell and EY. Amid surging demand for flexible office spaces post-pandemic, Table Space aims to strengthen its market position and drive innovation.

Pune’s Office Space Market Booms with 19% Growth in 2024 0
- Industry News
- January 17, 2025
Pune’s office space market grew 19% in 2024, leasing 80 lakh sq ft, driven by global firms, technology companies, and flexible workspaces. New supply surged 58%, and rentals reached ₹77 per sq ft. With Grade A spaces in demand and GCCs dominating, Pune is emerging as a top business hub.
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Hyderabad Leads India’s Office Space Boom with Largest Average Deal Size 0
- Industry News
- January 16, 2025
Hyderabad topped India’s office space market in 2024 with the highest average deal size of 70,535 sq ft, a 10.13% increase. Nationally, deal sizes grew 10.24%, driven by demand for premium spaces. Mumbai saw the most significant growth at 54.59%, with Bengaluru, Delhi NCR, and Pune also recording significant activity.
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ICICI Bank Secures Major Office Space in Navi Mumbai for ₹9 Crore Annually 0
- Industry News
- January 15, 2025
ICICI Bank leases 1.29 lakh sq ft in Navi Mumbai’s Arihant Aura for ₹9 crore annually, spanning four floors with a nine-year tenure. The deal highlights Turbhe’s rising prominence, which is fueled by infrastructure developments. Part of India’s record-breaking 2024 leasing boom reflects strong demand from BFSI and other key sectors.
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