Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
WeWork India has leased 1.26 lakh sq ft in Mumbai’s Andheri East, expanding its portfolio to over 8 million sq ft across 62 locations. The move highlights India’s growing demand for flexible workspaces, driven by hybrid work models and rising commercial real estate momentum in key markets post-pandemic.
READ MOREWeWork 37 Cunningham, spanning 61,120 sq ft on Bengaluru’s Cunningham Road, sets a new benchmark for premium workspaces. It is designed for executives and Fortune 500 leaders and features elegant interiors, bespoke services, ergonomic designs, and sustainable technology. This LEED-certified space combines productivity, style, and eco-consciousness for modern corporate needs.
READ MOREWeWork India is leasing over 400,000 square feet across three key locations in Delhi and Gurgaon, marking a major expansion in the Delhi-NCR region. The leases include Prestige Trade Tower, Bharti Worldmark 6, and DLF Cyber City, as demand for flexible workspaces continues to surge in the area.
READ MOREWeWork India renews its lease for 1.4 lakh sq ft in Mumbai’s Nesco IT Park at ₹2.25 crore monthly. The five-year deal includes escalating rent rates. This move follows recent expansions in Noida and Bengaluru, highlighting the rising demand for flexible workspaces across India’s major cities.
READ MOREWeWork India appoints Janak Malkani as Head of Managed Office to drive expansion. With 18 years of real estate experience, Malkani will lead sales in the West region. WeWork India’s Managed Office portfolio, covering over 2 million square feet, is key to meeting the growing demand for flexible workspace solutions.
READ MOREWeWork India plans a ₹400 crore annual capex to expand by 2 million sq ft annually in major cities. With robust financial growth and strategic funding, it recently launched a 130,000 sq ft workspace in Chennai. Despite WeWork Global’s challenges, WeWork India remains strong, projecting significant future revenue growth.
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