Office Spaces

Axis Bank may split staff across Mumbai as it rebuilds headquarters tower

The lender has failed to find a single office large enough for the roughly 3,000 people currently housed at the eight-storey Axis House building in Worli

Accenture leases 272,000 sq ft office space in Thane for ₹269 crore

The technology and consulting major will occupy three contiguous floors at Centaurus in Hiranandani Estate, with capacity for around 2,500-3,000 employees

Smartworks to invest ₹600 crore in expansion, centres to meet rising demand

Smartworks Coworking Spaces Ltd will invest around Rs 600 crore this fiscal in its existing and upcoming centres as part of its expansion plan to meet rising demand for managed workspace. Gurugram-based listed realty firm Smartworks, which has a portfolio of 16.9 million square feet of office space across 70 centres in 15 cities across India and Singapore, posted a total revenue of Rs 1,850 crore in 2025-26. In a conference call with market analysts, Smartworks Founder and MD Neetish Sarda said, "Our capex estimate is between Rs 550 crore and Rs 600 crore for the year. This capex includes two sets: it includes refurbishment capex that we typically do in our centres after every three years and the fresh capex that will go in." Smartworks has signed up more than 3.5 million square feet of space already which is either under construction or coming up for construction, he said, he told analysts. The company had invested nearly Rs 400 crore last fiscal year in capital ...

CIBC leases 1.21 lakh sq ft office space in Hyderabad for GCC at ₹180 cr

The Canadian banking major will occupy space at Meenakshi Eco Park for five years, paying Rs 225 per sq ft monthly, with rent escalating 5 per cent annually

Tablespace leases 500,000 sq ft Hyderabad office space for ₹163 crore

The coworking space provider will pay Rs 163 crore in rent over five years for 506,251 sq ft in Hyderabad's Laxmi Infobahn Software Park, documents show

Brookfield India Reit, NCW fund to buy Mumbai office space for ₹1,700 cr

Brookfield India Reit and Prime Offices Fund will acquire 264,000 sq ft of Grade-A office space in Mumbai's Bandra-Kurla Complex in an equal partnership

India's office mkt posts record quarterly leasing on GCC, flex demand: CBRE

Gross office leasing touched a record 24.6 million sq ft in Q2 2026, with global capability centres and flexible space operators driving demand despite geopolitical uncertainties

HSBC to develop 1.2 mn sq ft integrated campus in Bengaluru with Prestige

The integrated campus on Bengaluru's Outer Ring Road will bring together HSBC employees from multiple locations and is designed with a focus on collaboration, sustainability and wellbeing

Accenture leases 346K sq ft office space in Pune at ₹2.52 cr a month

The IT services firm has leased office space across five floors at Phoenix Millennium Towers in Wakad, with a total rental commitment estimated at around Rs 355.4 crore over the lease tenure

Built-to-suit on the rise for want of Grade A+ office segment in India

Rising GCC and MNC demand, coupled with a shortage of premium Grade A+ offices, is driving built-to-suit projects and forward leasing across India's top markets

Hyderabad emerges as India's highest-priced GCC office market: Report

Hyderabad, with a GCC-CPRI of 212.1, is supported by strong occupier demand and a 15 per cent market rental premium over non-GCC occupiers. The index considers Q1 CY14 as the base at 100

Accenture leases 1 mn sq ft office space in Hyderabad for over ₹1,000 crore

The company has also deposited Rs 29.5 crore as security, with the lease including a 4.25 per cent rent escalation every year

Office Reits tap hospitality to strengthen integrated campus ecosystems

Mindspace, Embassy and Bagmane Reits are adding hotels to office parks to support business travel, tenant engagement and integrated campus development

Smartworks crosses 10 million sq ft operational portfolio milestone

Flexible workspace provider reaches key milestone as demand from enterprises and GCCs drives growth in large campuses, multi-city deployments and long-term contracts

Bhive ropes in Milind Soman as Brand Ambassador for fitness workspaces

Bhive has appointed Milind Soman as brand ambassador as it sharpens its focus on fitness-led workspaces and campus-style coworking models

Foreign firms lease record 9.1 mn sq ft office space for GCCs in Q1: CBRE

Foreign firms leased a record 9.1 million sq ft office space last quarter across India's top 9 cities to set up Global Capability Centres (GCCs), according to CBRE. Real estate consultant CBRE on Monday released its office market data for January-March period, which showed that the office space demand remained strong driven by leasing of workspaces for establishment of GCCs. As per the data, the total gross leasing of office spaces rose 5 per cent across top 9 cities to 20.7 million square feet in January-March from 19.7 million square feet in the year-ago period. The nine cities are -- Mumbai, Delhi-NCR, Bengaluru, Hyderabad, Chennai, Pune, Kolkata, Ahmedabad and Kochi. The leasing of space for GCCs stood at record 9.1 million sq ft in the January-March period, the highest in any quarter. "The record GCC leasing activity is a definitive signal of India's position as the global destination of choice for high-complexity capability functions," said Anshuman Magazine, Chairman & CEO,

Bhive Workspace plans 1 mn sqft expansion in 2026, to invest ₹300 crore

Bhive Workspace plans to add around 1 million sq ft capacity in 2026 with an investment of up to ₹300 crore, expanding its campus model across key micro-markets in India

Mindspace REIT to acquire Chennai office assets for ₹2,541 crore

Acquisition of two Chennai office assets from sponsor portfolio to strengthen Mindspace REIT's presence and expand leasable portfolio and asset base

Tier-II cities to be next frontier for office leasing as demand grows

Leasing activity nearly doubles in FY25 as firms expand beyond metros to cut costs and tap talent, even as supply constraints persist in smaller markets

Flex workspace operators bet big on B2B platforms amid enterprise demand

Value-based cost models vs direct leasing adds premium to opertors' earnings