Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
AI 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 MOREDeloitte leases 175,000 sq ft in Prestige Trade Tower at Delhi’s Aerocity, marking Prestige Group’s commercial debut in the capital. This move reflects a strong demand for premium office spaces near the airport. The project includes hotel rooms, office spaces, and a convention centre set to boost Aerocity’s business landscape.
READ MOREJalandhar’s Commissioner of Police, Swapan Sharma, has mandated police no-objection certificates (NOC) for new malls, offices, and commercial establishments to tackle traffic and parking issues. This initiative ensures adequate parking and reduces congestion, requiring detailed site plans and application parking layouts.
READ MOREExplore Dehradun’s journey from a serene hill town to a bustling tech hub, with Iksana Workspaces leading the charge. This article highlights the role of modern coworking spaces, government initiatives, and academic partnerships in fostering a thriving business environment, promoting innovation, and ensuring sustainable growth.
READ MOREExplore how creative companies in India are revolutionising office spaces, blending aesthetics with functionality to create inspiring work environments that enhance productivity and employee satisfaction.
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