COWORKING SPACES

Realty firm Sattva Group is bullish on India's housing market and will launch many projects to achieve 85 per cent growth in sales of residential properties to around Rs 6,500 crore this fiscal, a top company official said. In the 2023-24, Bengaluru...

India's office market shows resilience with sustained growth driven by positive economic indicators. The surge in demand for quality office spaces, led by technology and manufacturing sectors, is expected to surpass 50 million square feet in 2024, r...

Spring House secured 300,000 sq ft at Gurgaon's MVN Aero One mall, offering cost-effective office spaces. The location caters to diverse demands, including from large enterprises and startups focusing on research and development operations.

Awfis is targeting a 30% revenue growth in FY25, driven by expanding its supply and achieving higher occupancy rates at its current centers. The company operates in 17 cities, hosting 181 centers with approximately 110,000 seats and covering a charg...

WeWork India opened its first co-working space in Olympia Cyberspace in Chennai. This is the company's 55th building in India, offering 2,000 seats on 130,000 sq. ft. Karan Virwani, CEO, WeWork India, highlighted a strong demand in multiple industri...

315Work Avenue, a coworking space provider, has doubled its capacity with San Francisco-based MoEngage, bringing its total to 900 seats. The office space, located in Koramangala, Bangalore, spans approximately 45,000 square feet. The deal was facili...

Providing convenience and flexibility for employees on one hand, cost-effectiveness, and asset-light models for employers on the other, coworking/managed spaces are booming. Demand for such spaces is soaring in large metros and Tier-2 cities alike a...

Segment-wise, the only listed co-working space company's rental business accounted for a major share of total revenue at Rs 69.95 crore followed by fit out contracts business at Rs 23.24 crore and Rs 5.92 crore from other businesses.

India's commercial real estate landscape in satellite and tier II cities is undergoing significant transformation due to robust infrastructure development, strategic urban planning, talent availability, and lower cost of living. Cities like Navi Mum...

Integrated office infrastructure and design company EFC (I) Limited is expanding its co-working portfolio by adding 3.6 lakh sqft in Pune and Noida, aiming to add 10,000 seats by H1FY2025. With a presence in seven states and 35 centres, the company ...

Smartworks leases tower in Pune's Balewadi for coworking with 8,000 desks. The Indian market has become one of the fastest-growing centers for flexible office spaces, driven by the rising demand for adaptable workspace solutions from large corporati...

The company expects its differentiated business model, expanding presence in tier-1 and tier-2 cities and increasing demand from large enterprises and startups to help make its public listing a success and drive future growth, founder and managing d...

Demand for Grade A office space leasing in India is expected to exceed 70 million sq ft in 2024, driven by increased rentals and larger deals in key cities like Bengaluru, Pune, and Hyderabad, with contributions from the IT/ITeS and BFSI sectors, No...

The HQ27 located in Gurugram’s MG Road market, offers over 96,000+ sq. ft. of sace across three with over 1,480+ desks. The property ahs a 15 years lease agreement with WeWork.The Pune property is Situated within Pune’s largest mall complex - Amanor...

The company currently has operational centres in key cities like Mumbai, Pune, Hyderabad, Noida, Raipur, Jaipur and Ahmedabad. Last week, it set up a new co-working centre spread over 25,000 sq ft with 300 seats in Udaipur.

In its latest report on the Indian office market, real estate consultant CBRE noted that flexible operators became second largest contributor to the total gross demand for office spaces during the quarter ended March 2024.

It also plan to expand its presence in the New Delhi & NCR and Hyderabad markets. The company aims to have a presence across 10-12 cities in its portfolio over the next two years. It also plans to scale up its operations in Bangalore to over 50 cent...

Flexible workspace operators in India have raised Rs 4,600 crore post-Covid, compared to Rs 1,400 crore in the five years before the pandemic, as companies adopt hybrid work models. The market size for flexible office real estate is expected to grow...

IWG plans to double its presence in India, targeting new cities, suburbs, and Tier 2 and Tier 3 cities. Demand for workspaces in southern cities has grown. Thirty per cent of commercial real estate will be flexible workspace by 2030.