Eleganz Interiors secures a 450,000 sq. ft. GCC workspace project in Bengaluru, demonstrating the accelerating demand for tech-enabled innovation centers.

Tier-2 cities office leasing activity gathers momentum as global capability centers expand across India, driven by lower costs and improved state incentives.

Enzyme Office Spaces has leased 3.4 lakh sq ft of flexible office space across Bengaluru's Whitefield, HSR Layout, and Hebbal micro-markets. The 10-year lease agreement, valued at ₹2.5 crore per month, will be subleased to Global Capability Centers (GCCs) and startups, projecting ₹50 crore in annual revenue. This expansion enhances Enzyme's managed office portfolio in key Indian commercial hubs, underscoring robust demand for adaptable workspace solutions.

Mindspace Business Parks REIT announced an ambitious expansion plan to increase its operational portfolio to 38 million square feet within four years, capitalizing on surging demand from Global Capability Centers and domestic firms benefiting from Make in India initiatives

Chennai's commercial real estate market is experiencing its strongest year ever, with office leasing reaching a 20-year high of 5.2 million square feet year-to-date, driven by multinational expansion and surging demand from technology and BFSI sectors.

Industry reports indicate that India's commercial real estate landscape has experienced a significant transformation as global capability centers and multinational corporations increasingly prioritize premium office spaces that align with environmental, social, and governance objectives.

Discover how 70+ mega Global Capability Centres employing 55,000+ people each are creating massive real estate opportunities across India's major cities. Investment guide for commercial and residential properties.

Awfis Space Solutions is scaling up in tier-II cities as demand for shared offices surges post-pandemic, driven by ecommerce, IT services, and global capability centers.

Embassy Office Parks REIT, India's first listed REIT and Asia's biggest office REIT by area, increased its fiscal 2025 leasing objective to 6.5 million square feet from 5.6 million. This adjustment shows that corporate occupiers, notably GCCs, continue to seek premium office locations.

IBM renewed its lease for 830,000 square feet of Embassy Golf Links Business Park office space in Bengaluru. The ₹143 crore yearly leasing contract is one of the biggest in the commercial office space category this year. According to insiders, this initiative would strengthen the US technology giant

Bengaluru has become India's largest and most important office market, surpassing all other cities. In June 2024, the city's office space exceeded 223 million sq ft, up from 100 million in 2013. It has the most office space in India. This brief report from Ghar.tv highlights critical points.

91Squarefeet, a dynamic commercial fit-out company recognized for its innovative approach and backed by prominent investors such as Y Combinator and Stellaris Venture Partners, has announced a bold vision for the future.