India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

Vibe launched a 650-seat, 30,000 sq. ft. “A+ Grade” managed office in Balewadi with a Zero CAPEX model and full build-to-suite customisation. The centre promises a two-month turnaround, enterprise-grade power, ample parking, metro-led connectivity, and a revenue-ready training wing—positioning Western Pune as a new hotspot for agile, premium workplaces.
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India’s real estate sector has witnessed a remarkable 48% growth in investment in Q3 2025, with Pune emerging as the second-largest city attracting real estate investments after Mumbai. Strong fundamentals in Pune’s residential and commercial real estate segments, driven by IT, manufacturing, education, and startups, have fueled investor confidence. The trend is expected to continue, with further growth anticipated in office spaces, retail, mixed-use developments, and data centres by the year-end.
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Pune has emerged as India’s third-largest software export hub with its IT exports doubling in the last five years to ₹1.05 lakh crore. This expansion has propelled strong demand for commercial real estate and driven growth in Global Capability Centres (GCCs). The city’s balanced economy, infrastructure upgrades, and affordable office rents have further strengthened its position as a thriving IT and business destination.
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India’s office leasing market recorded a strong 24% growth in the first half of 2025, driven predominantly by demand in Mumbai, Pune, and the National Capital Region (NCR). The total leasing volume reached a record 48.9 million square feet across eight major cities, marking the highest ever for a six-month period.
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Pune experienced a significant surge in office leasing during the first half of 2025, driven by Global Capability Centres and flex space operators. Leasing reached 38–51 lakh sq ft, with GCCs alone accounting for 15 lakh sq ft in Q2. Despite rising vacancies from new supply, rents climbed 3% to ₹77/sq ft.
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NeoSOFT has expanded its presence with new offices in Mumbai, Airoli, and Pune, adding 1,100 tech roles to boost its NeoNXT cloud platform. The move includes launching innovation hubs for AI, Gen AI, and automation, positioning the company as a leader in India’s evolving digital engineering and enterprise solutions landscape.
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