Articles & Latest News on Office Space - Page 7 of 18

India’s Office Rental Market Grows, Pune Leads the Way 0
- Industry News
- December 9, 2024
India’s first Commercial Property Rental Index reveals a 3.6% CAGR in office rentals over five years. Pune leads with 6.9% growth, followed by Chennai and Bengaluru. The index highlights post-pandemic recovery, consistent growth in Bengaluru, and emerging trends, positioning India’s office market for sustained growth.
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Onward Workspaces and Lenskart Partner for 14,000 Sq. Ft. Managed Office in Okhla 0
- Industry News
- December 4, 2024
Onward Workspaces partners with Lenskart to deliver a 14,000 sq. ft. managed office in Okhla Phase 3, Delhi. The bespoke space, accommodating 300 employees, reflects Lenskart’s brand identity. With ₹1,800 per sq. ft. investment, Onward advances its mission to provide premium, flexible workspaces, aligning with the growing demand for dynamic office solutions.
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Office Space Market Sees Growth in Leasing and Stable Rentals in Q3 FY25 0
- Industry News
- November 28, 2024
India’s office space market recorded 18.61 million sq ft absorption in Q3 FY25, driven by BFSI and flex spaces contributing 39%. Southern cities led with 61% share, Bengaluru dominating at 36%. Vacancy dropped to 14.8%, while Hyderabad led new completions. Despite a 4% dip in construction, rentals remained stable.
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Office Space Market Shows Resilience Amid Shifting Trends 0

India’s office space market demonstrated resilience in Q3 FY24, with gross leasing activity rising 17% to 18.61 million square feet despite a 4% drop in new supply. According to a real estate consultant Vestian report, this trend highlights robust demand for prime workspaces in a dynamic and evolving market.

BFSI and Flex Spaces Propel India’s Office Space Demand in Q3 FY24 0

BFSI and flex spaces drove 39% of India’s office space absorption in Q3 FY24, while IT-ITeS demand declined. Southern cities dominated, with Bengaluru leading at 36%. Pan-India vacancy dropped to 14.8%, and new completions rose 3%. Hyderabad topped new supply, reflecting robust growth amid evolving workspace trends and economic resilience.

Table Space Launches Premium Suites in Hyderabad’s HITEC City 0

Table Space has launched its first premium Suites in Hyderabad’s HITEC City, spanning 1,35,000 sq. ft with 2,200+ seats. The tech-enabled facility caters to enterprise demands for speed, flexibility, and security. Hyderabad’s growing flex space market underscores the city’s rising demand for Grade A workspaces, strengthening Table Space’s national presence.

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