Office Space Archives - Page 2 of 7

India’s Office Space Market Set for Record Growth in 2024, Says Savills Report 0

India’s office space market is set for record growth in 2024, with projected absorption to exceed 70 million sq. ft., driven by high demand from IT-BPM, flexible workspaces, and BFSI sectors. Major cities like Bengaluru, Delhi-NCR, and Mumbai lead leasing activity despite slower new completions lowering vacancy rates.

India’s Office Rental Market Exceeds Pre-Pandemic Levels, Led by Delhi NCR and Pune 0

For the first time since 2019, office rental prices across India’s six largest cities have exceeded pre-pandemic levels, according to a report by Colliers India. The report reveals a steady rise in average office rents, reaching Rs 101.3 per square foot in 2024, up from Rs 99.5 per square foot in 2019. This marks a

Sara Ali Khan and Amrita Singh Purchase ₹30 Crore Office Spaces in Mumbai’s Andheri West 0

Sara Ali Khan and Amrita Singh have purchased three office spaces in Mumbai’s Andheri West for over ₹30 crore. The transactions, registered in 2024, highlight their investment in prime commercial real estate. Mumbai’s property market has seen steady growth, with over 1 lakh registrations contributing ₹8,892 crore to the state exchequer.

Green Innovation in Indian Commercial Real Estate: A New Era of Sustainable Office Spaces 0
- Industry News
- October 24, 2024
Green innovation is transforming India’s commercial real estate sector, with rising demand for sustainable office spaces. Key trends include energy-efficient buildings, water and waste management, and wellness-focused designs. Green-certified buildings offer higher rental yields and lower operating costs, creating new opportunities for developers and investors in the evolving workspace market.
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Bata India Unveils Its Largest Eco-Friendly Headquarters in Gurugram 0
- Industry News
- October 18, 2024
Bata 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.
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Tidel Park Trichy to Triple IT Office Space with New Expansion Project 0
- Industry News
- October 10, 2024
Tidel Park Trichy is set to triple its IT office space with a ₹315.2 crore project, adding 5.5 lakh sq ft in phase one. This expansion, alongside private developers’ contributions, will position Trichy as an emerging IT hub, offering low operational costs and access to a growing talent pool.
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