Global capability centres (GCCs) and IT/IT-enabled services (ITeS) companies, which account for 50-60 per cent of net office leasing, are driving this transformation as they prioritize environmentally friendly spaces to meet rising compliance and sustainability goals.
Pune followed with 14 per cent, while Bengaluru, traditionally the largest flex market, secured third place with a 13 per cent share. Notably, Delhi NCR, Pune, and Mumbai recorded their best-ever leasing year in 2024, reinforcing a strong shift towards flexible workspaces.
Dehradun (Uttarakhand ) [India], February 8: As businesses increasingly look beyond metro cities for growth, Dehradun is emerging as a thriving hub for startups, technology firms, and large enterprises. Positioned as a counter-magnet to Delhi-NCR, the city offers a skilled workforce from pre
Bengaluru (Karnataka) [India], February 6: UrbanVault, a leading provider of managed flexible workspaces based in Bengaluru, is excited to announce the appointments of Dushyant Singh as Director of Sales and Business Development for the West Zone and Shivanshu Pareek as Associate Director of
Hyderabad (Telangana) [India], January 29: Wipro Commercial & Institutional Business (CIB), a pioneer in lighting and seating solutions, has launched MyWiproVerse Hyderabad, a state-of-the-art IoT-powered experience center. The 2,000 sq. ft. facility inspires businesses to rethink worksp
Mumbai (Maharashtra) [India], January 24: The modern workplace continues to evolve beyond aesthetics, and UrbanWrk, a leading managed workspace provider, is embracing this progression through the strategic use of fragrance. Fragrance has the power to transform workplaces, offering far more t
The average deal size has grown from 37,976 square feet in 2023 to 41,867 square feet in 2024. This surge is indicative of the growing demand for higher-quality office spaces, with occupiers showing a greater commitment to longer lease tenures and making more substantial investments in their
India demonstrates a strong preference for office-based work, with 90 per cent of organizations requiring employees to work from the office for at least three days a week, according to a survey by JLL, a global real estate services firm.
New Delhi [India], November 12: In an era where workplace comfort is critical to productivity and well-being, Pelican Group has unveiled Pelicanwork, a premium line of ergonomic office furniture specifically designed for modern professionals who seek both elegance and efficiency. This launch
Bangalore (Karnataka) [India], October 14: In today's fast-paced business world, finding the right office space is crucial for companies and freelancers. Enter FindUrSpace, India's most comprehensive office rental platform, revolutionizes how businesses locate and secure their ideal cowor
Noida (Uttar Pradesh) [India], October 10: Signify (Euronext: LIGHT) the world's leading lighting company, has officially inaugurated its Global Finance Service Centre (GFSC) Hub in Noida. This hub will engage over 250 employees, playing a crucial role in strengthening Signify's business glo
New Delhi [India], September 5: 35North India Discovery Fund -II (IDF-II) announced its foray into the fast-growing co-working and managed offices space, with an investment into "Nukleus Office Solutions Ltd"(Nukleus). 35North's Managing Director, Ashwani Singh, confirmed the investment into