You Searched for: flex spaces
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Microsoft Corporation purchased a 48-acre land tract in Ranga Reddy, Hyderabad, for Rs 267 crore to expand its data centre footprint. The Sai Balaji Developers-facilitated, Propstack-documented purchase is a major regional investment.
- 7th May 2024
- 1134 Views
According to a report by the Confederation of Indian Industry (CII) and Knight Frank, Global Capability Centres (GCCs), flexible and co-working spaces, and the IT sector will drive office space demand in India to 1.7 billion square feet by 2030.
- 21st Apr 2024
- 1167 Views
Flexible space operators became the second-largest office leasing industry in the January to March quarter of 2024, a major change. To suit worldwide corporate needs, the sector's growth has increased.
- 6th Apr 2024
- 1169 Views
Bengaluru office leasing is changing. Multinational firms' tech and shared service divisions, Global Capability Centres (GCCs), are gaining ground in India's commercial real estate market. In 2023, GCCs leased the most space since the start of the decade, according to Colliers.
- 24th Mar 2024
- 1173 Views
Table Space Technologies leased over 100,000 square feet at Cafe Coffee Day Square in Bengaluru to expand, highlighting India's growing need for flexible offices. Once Cafe Coffee Day's corporate headquarters and flagship shop.
- 18th Feb 2024
- 1194 Views
Commercial purchases in Bengaluru fell 14.3% to 12.5 million square feet in 2023. Knight Frank India ascribed this decline to US inflation and a slowing technology industry, which drives Bengaluru's office space demand.
- 9th Jan 2024
- 1208 Views
Awfis Space Solutions, a leading workspace solutions provider, filed its Draft Red Herring Prospectus (DRHP) with SEBI for an IPO. An OFS of up to 1 crore equity shares is offered with a new offering of up to INR 160 crore in the IPO.
- 26th Dec 2023
- 1192 Views
Flexible office space in India often referred to as co-working spaces too are bound to grow phenomenally. The Vestian Report tries to get the figures right to get the facts validated.
- 24th Sep 2023
- 1239 Views
Incuspaze has leased a total of 9.7 lakh square feet of office space in Noida and Gurugram to accommodate the growing demand for flexible workspaces from corporations.
- 10th Jul 2023
- 1298 Views
In FY23, the demand for coworking spaces surpassed all previous records, with India's IT hubs leading the pack. Latest real estate data shows that leasing of "flex-seats" has increased by 20%, with the biggest activity occurring in Bengaluru, Hyderabad, and Pune.
- 16th May 2023
- 1282 Views
IT services company Persistent Systems has rented almost 2000 seats from Smartworks, a supplier of flexible office spaces as per news from the Indian co-working sector.
- 29th Jan 2023
- 1550 Views
As firms opt for bigger office spaces, there is little question that flexible office arrangements in India are increasing as new statistics emerge. This is a tremendous potential for landlords, property developers, and real estate agents in India.
- 25th Oct 2022
- 1343 Views