Page 2 - Office Space

Navi Mumbai to emerge as MMR's next prime office destination: Report

Cushman & Wakefield report highlights Navi Mumbai's cost advantage, 87 per cent office occupancy, and new infra projects including the upcoming international airport by 2025

IndiQube to expand into new cities, targets 30% revenue growth in FY26

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

India to become fourth-largest office-space market globally: Knight Frank

This area is set to double to 2 billion sq ft during 2036-2041. The market offers a unique cost advantage, with average rents declining to $0.96/sq ft a month in 2025

Green-certified office spaces surge 65% in top 7 cities since 2019: Report

Green-certified office spaces have surged 65% across Bengaluru, Mumbai, Delhi-NCR, and other top cities. Bengaluru leads with 73% of its office space now certified for sustainability

MNCs prefer institutional office assets for setting up GCCs in India: C&W

Multi-national companies are preferring office space owned by REIT landlords for setting up their Global Capability Centers (GCCs) in India, according to Cushman & Wakefield. Property consultant Cushman & Wakefield in its report 'Asia REIT Market Insight 2024-25' highlighted that the three listed office REITs have delivered more than 15 per cent of capital appreciation in the last 12 months ended June. There are three office REITs in India -- Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT -- while the Nexus Select Trust is backed by retail real estate. As of June 2025, the Indian REIT market, comprising all four REITs, had an operational portfolio size of more than 105 million sq ft. "By the end of the calendar year 2025, a fourth office REIT is expected to make its listing debut on the bourse," the report said. Bengaluru-based Sattva Group and Blackstone-backed Knowledge Realty Trust (KRT) have already filed Draft Red Herring ...

Gross office space leasing soars 5% in Q2 of 2025: Cushman & Wakefield

With total leasing in the first half of the year at approximately 42 million square feet, the sector is on pace to exceed 90 million square feet in annual activity, potentially setting a new record

Urban Vault to invest ₹100 crore in FY26 to expand co-working footprint

The company adds over 700 desks in Gurgaon and plans to close FY26 with an annual run rate of ₹250 crore, with further expansion across Noida, Pune and Bengaluru

Office space demand rises 11% in April-June across top 7 cities: 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

Top 10 micro markets to drive 80% of India's office space growth: Colliers

A Colliers report finds that high-activity micro markets will drive the bulk of office demand and supply growth, fuelled by flex space, GCC traction and REIT-worthy stock

WeWork India expands footprint in Pune & Chennai, adds over 200K sq ft

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

Prime Fund buys Saket's Prius Platinum office asset from Kotak Alt

PRIME Fund acquires 0.3 million sq ft office space in South Delhi's Saket from Kotak consortium, aiming to build a sustainable, high-yield commercial portfolio

Google renews Bengaluru office lease for five years at ₹90 crore rent

The tech giant has renewed its lease on 8.7 lakh sq ft at Bagmane Capital Business Park, paying ₹7.5 crore monthly for space across Kyoto East and West Towers

IWG to launch premium brand Signature, expand India footprint rapidly

IWG to launch its premium brand Signature in India in coming years and aims to add 40-50 centres by 2025, with a focus on Tier II and III cities and strategic acquisitions

TCS leases Hyderabad commercial space for Rs 4.37 crore a month

The 15-year lease covers 10.2 lakh sq ft at Rs 43 per sq ft with a rent hike of 12 per cent every three years and a deposit of Rs 26.2 crore paid upfront

Coping with rising rentals: Research areas, opt for longer leases

A recent Reuters poll of housing experts also indicated that both house prices and rentals are likely to outpace consumer inflation this year

Bengaluru leads office space commitment by corporates in Oct-Mar: Anarock

About 10.8 million sq ft of office space pre-committed by corporates nationally: Anarock

Bollywood actor Akshay Kumar sells office space in Mumbai for Rs 8 crore

According to the documents registered with the Inspector General of Registration (IGR), the office space is located in One Place Lodha

Green office inventory to touch 700 msf in next two to three years

Currently, two-thirds of Grade A office stock is already green-certified across the top six cities, with these buildings having higher occupancy levels at 80 to 90 per cent

India's office leasing in Q1CY25 hits 19.46 mn sq ft, up 28.4%: JLL

Gross leasing refers to all lease transactions recorded during the period, including confirmed pre-commitments, but not term renewals and deals in the discussion stage

Bengaluru-based Table Space sees 41% growth in total portfolio in FY25

Table Space, which competes with co-working office providers like Awfis, Bhive, Indiqube and Smartworks, among others, has seen its overall space expand to 10.5 million sq ft