Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Gurugram’s office realty is surging with major leases, including Google’s 550,000 sq ft deal and IBM’s 260,000 sq ft space. Co-working operators like Smartworks are expanding rapidly. Factors like the return to office work, unicorn startups, and flexible workspaces are driving demand, reaffirming Gurugram’s status as a corporate hub.
READ MOREBollywood celebrities invested nearly ₹400 crore in Mumbai real estate in 2024, with Amitabh Bachchan and Shahid Kapoor leading the pack. From luxury apartments to strategic hubs, their purchases highlight a trend of combining lifestyle, status, and financial growth in India’s premium property market.
READ MOREDr. Manmohan Singh’s visionary reforms in 1991 and leadership from 2004-2014 transformed India’s economy and fueled a real estate boom. His policies drove 20% annual growth, record rental yields, and surged infrastructure development, attracting foreign investments and shaping modern urban landscapes. His legacy endures in India’s dynamic real estate market.
READ MOREIndia’s green building footprint has reached 10.25 billion sq ft, driven by sustainable real estate practices. With innovations like Net Zero Energy Buildings and advanced water recycling, developers are aligning with ESG goals. Green-certified spaces are reshaping urban growth, attracting global investors, and promoting cost-efficiency, resource conservation, and environmental responsibility.
READ MORECo-working spaces are transforming India’s real estate market, growing from 55 million sq ft to a projected 100–140 million sq ft by 2030. Driven by demand from startups, global corporations, and Tier-2 cities, these flexible hubs offer scalability and premium amenities and are reshaping how businesses operate post-pandemic.
READ MOREIndia’s real estate sector is set for growth in 2025, driven by regulatory reforms, demand for Grade A offices, and expansion in Tier-II and III cities. With sustainability and green-certified developments shaping the future, industrial, warehousing, and alternative asset classes like data centres will gain traction.
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