Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Co-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.
READ MOREEquinox India, formerly Indiabulls Real Estate, debuts under the ‘Embassy’ banner with the launch of Embassy One in Thane. Backed by ₹3,911 crore investment from Embassy Group and partners, the company plans premium projects in MMR, Bengaluru, and Chennai while awaiting NCLAT’s decision on its merger with Embassy Group.
READ MOREIndia’s real estate market will see a steady recovery and transformation in 2024. Office leasing nears pre-pandemic levels, fueled by IT and hybrid work models, while e-commerce drives warehousing demand. Residential trends favour integrated townships and sustainable green buildings. Affordable housing expands, though affordability challenges persist in major cities like Mumbai and Delhi.
READ MOREBollywood actor Ajay Devgn has renewed the lease for two commercial units in Mumbai’s Andheri area for ₹4.16 lakh per month. The five-year lease extension adds to Devgn’s growing real estate portfolio, which includes high-value office spaces in Mumbai. It highlights a trend of Bollywood stars investing in commercial properties.
READ MOREIn Nikhil Kamath’s latest podcast episode, WTF is Indian Real Estate Giants Up To?, industry leaders Irfan Razack, Nirupa Shankar, and Karan Virwani discuss the evolution of India’s real estate sector, opportunities for entrepreneurs, and the challenges of managing family-run businesses. The episode offers key insights into modern workspace trends and succession strategies.
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