Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 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.
READ MOREVolkswagen Group Technology Solutions India has leased 1.23 lakh sq. ft. in Pune’s Embassy Tech Zone to expand its operations. The five-year lease includes a four-month rent-free fit-out period. This reflects Volkswagen’s commitment to India amid the growing demand for office space driven by global capability centres (GCCs) nationwide.
READ MOREManaged office spaces transform India’s workspace landscape with flexibility, technology integration, and strategic locations. Discover how these factors drive the growing demand and shape the future of the Indian office market.
READ MOREExplore five creative strategies to repurpose underutilised office spaces in India. From strategic subleasing to transforming spaces for artists and social initiatives, discover how to add value and engage the community.
READ MOREAI and robotics firms led office space absorption in Bengaluru in Q2 2024, contributing 21% to the city’s total. The IT-ITeS sector dominated with 69% overall absorption. Nationwide, office space demand surged, driven by strong economic performance. New completions rose significantly, particularly in Mumbai and Bengaluru.
READ MOREAmitabh Bachchan has acquired three office units worth Rs 59.58 crore in Mumbai’s Signature Building, Andheri, totalling 8,429 sq ft and including three parking spaces. Additionally, he invested Rs 14.5 crore in a 10,000 sq ft plot at The Sarayu, a luxury enclave in Ayodhya.
READ MORE