Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 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.
READ MORESmartworks 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.
READ MOREOver 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.
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