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Mindspace Business Parks REIT Sets Record with Over 2 Million Sq Ft Leasing in Q4

Mindspace Business Parks REIT leased over 2 million square feet in the quarter ended March 2024, a record. This is the greatest lease volume since its August 2020 IPO, totaling 3.6 million square feet for 2023-24.

By Admin

  • 1st May 2024
  • 1139 Views
Bangalore-based Embassy Group Plans IPO for WeWork India Following Full Acquisition

Embassy Group plans to take WeWork India public after acquiring the remaining 27% interest from US-based WeWork for ₹700 crore. Sources say the coworking office platform would be listed on domestic bourses within 18 months.

By Admin

  • 26th Apr 2024
  • 1150 Views
India Office Real Estate Set for Robust Growth Driven by Tech and Services Expansion

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.

By Admin

  • 21st Apr 2024
  • 1159 Views
L&T Innovation Campus is Redefining the Office Space Experience in Powai

With its 2.2 million sq ft layout, the L&T Innovation Campus in Mumbai's lively Powai neighbourhood is ushering in a new age in corporate settings. This five-acre property combines high-end office spaces with a vibrant community lifestyle to foster creativity and innovation.

By Admin

  • 20th Apr 2024
  • 1148 Views
Decoding The Demand For Green Office Spaces in India

Due to decarbonisation ambitions, more Indian enterprises are prioritising eco-friendly commercial real estate. Green office space demand is outpacing supply in India's key property markets, signalling a new age of corporate environmental conscience.

By Admin

  • 9th Apr 2024
  • 1178 Views
Co-working Spaces Jump to Second Place in Office Leasing in India for Q1 2024

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.

By Admin

  • 6th Apr 2024
  • 1161 Views
A Simple Guide to Finding The Best Office Spaces in Mumbai

Businesses of all sizes have plenty of chances in Mumbai, India's financial centre. Walking around the city's different office spaces might be intimidating. Mumbai's premier office locations and perks are highlighted in this guide to simplify your search.

By Admin

  • 31st Mar 2024
  • 1174 Views
Global Capability Centres Emerge As Big Players in Indian Commercial Real Estate

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.

By Admin

  • 24th Mar 2024
  • 1171 Views
Propshare Targets Rs 1000 Crore in Warehousing Assets as Indian Warehousing Sector Expands

PropShare, India's biggest commercial real estate digital platform, aims to grow its Asset Under Management (AUM) to over Rs 1,000 crore in storage assets. The warehouse market's current growth, reminiscent of the early 2000s office space bubble, prompts the business to buy assets across India.

By Admin

  • 10th Mar 2024
  • 1165 Views
CapitaLand India Trust Acquires BlueRidge 3, an IT SEZ in Hinjewadi, Pune for INR 773 Crore

CapitaLand India Trust (CLINT), a major real estate investor, bought BlueRidge 3 Phase 1 in Pune's IT corridor. This purchase, worth INR 773 crore, in Hinjewadi, the IT centre, shows CLINT's dedication to creating innovative and growing commercial spaces.

By Admin

  • 3rd Mar 2024
  • 1182 Views
Awfis Unveils its Largest Co-working Space in Bhubaneswar, Catalyzing Tier 2 Growth

Awfis, India's leading flexible workspace provider, opened its largest facility in Bhubaneswar, Orissa, to promote creativity and cooperation. The breadth of Awfis's network makes it the leader in flexible workplaces, and its expansion development and potential in Tier II cities of India.

By Admin

  • 3rd Mar 2024
  • 1172 Views
Smartworks Unfolds the Future of Workspaces with RK Four Square in Gurugram's Cyber City

Smartworks has proudly announced its newest jewel in the crown, RK Four Square, a state-of-the-art office space nestled in the dynamic Cyber City of Gurugram.

By Admin

  • 24th Feb 2024
  • 1199 Views
L&T Construction Embarks on a High-Rise Residential Tower Construction in Thane

L&T Construction has won a major contract to build multi-storied residential buildings in Thane, Mumbai. This project highlights the company's leadership in high-rise building and dedication to urban improvement.

By Admin

  • 24th Feb 2024
  • 1231 Views
Vihang Group Launches Multiple New Real Estate Projects in Thane

Vihang Group's Rs 850 crore investment in four Thane real estate projects aims to reinvent the city's living spaces. This ambitious project would pump over 5 million sq-ft of space into the market and aim to generate over Rs. 2,000 crore in income targeting the aspirational housing market.

By Admin

  • 22nd Feb 2024
  • 1182 Views
Green Estates in Mahindra World City is Redefining Plotted Developments in Urban Living

With 'Green Estates by Mahindra', Mahindra Lifespace Developers (MLDL) is making progress in projected development for the second time this fiscal year. This 27-acre project in Mahindra World City will combine nature's tranquilly with contemporary facilities to provide a unique living experience.

By Admin

  • 22nd Feb 2024
  • 1258 Views
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