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

Kwality Wall’s has leased a fully managed, 180-seat premium office at Oberoi Commerz II in Goregaon, Mumbai, for ₹89.5 lakh per month. The 5-year contract includes a rare 60-month lock-in, an annual 5% escalation, and extensive workspace amenities from Tablespace Technologies, marking a notable long-term deal in Mumbai’s Grade-A office market.
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Bengaluru-based 2gethr is redefining managed offices and coworking through human-centred design, strong technology and story-led branding. From WELL-certified spaces and award-winning GCC workplaces to custom-built offices, the operator focuses on culture, care and data-driven innovation while expanding into new cities with a promise: “not just more spaces, but more meaning.”
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Gurgaon and Noida represent two distinct visions of modern workspaces in Delhi-NCR. While Gurgaon caters to premium corporate needs and global brands, Noida offers value-driven, scalable solutions for startups and tech firms. This article explores their evolving office space trends, driven by hybrid work and GCC-led demand shifts.
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Awfis has onboarded Meltwater, ABC Fitness, and Zinnov at its premium centres in Hyderabad, offering luxury workspaces like *Elite by Awfis* and *Awfis Gold*. These centres provide bespoke designs and top-tier amenities. Awfis plans to expand further in Bengaluru, Mumbai, and Delhi, reinforcing its leadership in flexible workspace solutions.
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Global Capability Centres (GCCs) are revolutionising business operations by embracing flexible workspaces and offering cost-efficient and scalable solutions. India’s expanding GCC ecosystem, driven by diverse sectors, is at the forefront of digital transformation and innovation. This shift toward flexible workspaces boosts organisational agility, encourages collaboration, and redefines global business strategies.
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India’s office leasing market hit 81.7 million square feet in 2024, a 19% rise from 2023, driven by IT expansion and flexible workspaces. Bengaluru, Hyderabad, and Mumbai led the surge, while co-working demand grew by 30%. Vacancy rates dropped, and rental prices increased amid vigorous corporate leasing activity.
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