Office

Office supply dropped sharply in Q1 2026 due to geopolitical uncertainties, even as strong leasing demand, led by GCCs, tightened vacancies and supported rental growth

Expansion across Pune and Navi Mumbai takes Table Space's Maharashtra footprint to 2.6 million sq ft as demand from global capability centres continues to rise

Global logistics firm takes office space in Kharadi at Rs 1.45 crore monthly rent, indicating relocation of its existing Pune operations

The preference becomes even more pronounced among older Gen Z professionals

India is well positioned to be the most dynamic REIT (real estate investment trust) market globally as developers look to monetize their rent-yielding commercial properties through this structure, according to Vestian. On Saturday, US-based real estate consultant Vestian released a report stating that the Indian REIT market has a great potential for growth because of availability of prime commercial assets (office, retail, warehousing and data centres) that can be monetized through this structure. The Real Estate Investment Trusts (REITs) are investment vehicles that own or operate income-generating real estate, enabling investors to earn a share of the income produced without directly purchasing the properties. At present, there are five listed REITs in India -- Sattva Group and Blackstone-backed Knowledge Realty Trust (KRT), K Raheja Group-backed Mindspace Business Parks REIT, Brookfield India Real Estate Trust, Embassy Office Parks REIT and Nexus Select Trust. "India's REIT mark

The growth was driven by strong leasing activity and robust net absorption, as companies expanded their workforce and office space in major cities

IT company GlobalLogic has plans to increase its headcount in India by 20 per cent this year, the company said on Thursday. As part of its expansion in the country, the company opened a new office in Chennai with a capacity to accommodate 500 professionals. The new office will serve as the centre for excellence for telecom, 5G and AI-first engineering, the company said in a statement. "India continues to be the cornerstone of our global innovation strategy. As we scale toward a 20,000-strong workforce in the country, Chennai will play a critical role in helping us deliver AI-first, cloud-native, and telecom-grade solutions at scale," Piyush Jha, Group Vice President and Managing Director, APAC, GlobalLogic said. With over 800 employees currently based in Chennai, GlobalLogic plans to increase this number by 20 per cent by the end of 2025, bringing the local headcount to over 1000, the statement said. "This growth contributes to the company's broader ambition of reaching a ...

The acquisition highlights Chennai as a destination that is now attracting occupier interest

Workspace design firm Unispace India expects Rs 350 crore revenue by FY26, driven by demand from global capability centres and plans to expand across Tier I and Tier II cities

Jet Airways, which is undergoing liquidation, on Wednesday said it has executed an agreement to transfer the lease of its office space in Mumbai to an entity for a little over Rs 370 crore. The proposed lease transfer, subject to approval from the Mumbai Metropolitan Region Development Authority (MMRDA), is being conducted under the provisions of the Insolvency and Bankruptcy Code (IBC) and Liquidation Regulations, according to a regulatory filing. After flying for 25 years, the once storied Jet Airways shuttered operations in April 2019, following financial headwinds and subsequently, lenders referred the ailing airline for resolution under the IBC. Under the insolvency resolution process, the winning bidder was unable to implement the resolution plan due to multiple issues, and after long-drawn legal proceedings, the Supreme Court, in November 2024, ordered the liquidation of the carrier. "The company has executed the deed of assignment and other related documents in order to ...

The report further revealed that there is a strong desire for transparency and inclusion in decision-making

The recent market debutant entered new markets like Kolkata and Mohali in the quarter ended June

From subtle whispers to toxic chatter, workplace gossip can damage your mental health-experts share ways to set boundaries, stay calm, and reclaim your peace

Indian commercial real estate likely to have 'another impressive year' in 2025: Colliers

Gross leasing of office space rose 11 per cent to 178 lakh sq ft across seven major cities during the April-June period on healthy demand from corporates despite global economic uncertainties, according to Colliers. The gross leasing stood at 161 lakh sq ft in the year-ago period across seven major cities. Real estate consultant Colliers India data showed that demand of workspace increased in six cities -- Bengaluru, Chennai, Delhi-NCR, Hyderabad, Kolkata, and Pune. The leasing activities declined only in Mumbai, as per Colliers. The gross absorption or leasing does not include lease renewals, pre-commitments and deals where only a letter of Intent has been signed. "India's office market continues its upward trajectory in 2025, building on the momentum of past two years," said Arpit Mehrotra, Managing Director, Office Services, India, Colliers. Backed by diversifying occupier base, a steady supply pipeline and growing investor appetite, he said the calendar year 2025 is shaping u

WeWork India has secured its third location in Chennai since entering the market just over a year ago

Sumadhura Group debuts in the managed office market with Workship in Bengaluru, plans to expand across India with over 10,000 seats and 1 million sq ft by 2027

From aching necks to disrupted digestion, poor posture is silently impacting office-goers in more ways than one. Here's what doctors say you need to know

Research shows that light walking for 2 minutes after every 20 minutes of sitting may significantly lower post-meal blood sugar levels

Research by Vestian showed that 2024 recorded the highest-ever leasing activity of 70.7 mn sq ft, marking an annual increase of 16%