Ixora Properties, Kalpataru's affiliate, sold ICICI Prudential Asset Management Company a Santacruz commercial skyscraper for about INR 315 crore. The asset management firm will move inside Kalpataru Infinia's new facility.

Consider investing in Mumbai commercial real estate including workplaces, retail stores, and more for long-term passive income.

The Yamuna Expressway Industrial Development Authority (YEIDA) has formalized a concession agreement with Bayview Bhutani Film City, a special purpose vehicle (SPV), to develop an expansive film city in Noida. This major initiative aims to bolster the film industry in Uttar Pradesh.

Apple will lease 400,000 sq ft of office space on Sankey Road from Embassy Group at a record cost of nearly ₹220 per sq foot per month.

Amazon will lease over 1.1 million sq ft of office space from Sattva Group in North Bengaluru, expanding its operations there. Amazon will occupy the 11-story office tower in Sattva Horizon business park near the international airport, which will house roughly 7,000 people.

The office leasing industry is heavily influenced by GCCs in India because to their skill and cost advantages. GCCs continue to alter India's commercial real estate market as they develop across industries.

Godrej & Boyce Manufacturing Company sold an approximately 58,500 sq ft office across two floors in Godrej One, Vikhroli, Mumbai, to Godrej Industries for ₹157 crore. This is a significant Godrej Group real estate deal.

Commercial real estate investing in India provides greater yields, value appreciation, and diversity. Commercial buildings are attracting more investors as the market recovers. It explores this segment's alternatives, emphasising their distinctive qualities and provides crucial insights.

The Blackstone Group is close to buying Adani Realty's Inspire BKC, a high-profile commercial real estate project on Mumbai's Bandra-Kurla Complex (BKC) fringes. The 800,000-square-foot office skyscraper is expected to cost the US private equity behemoth between Rs 1,800 crore and Rs 2,000 crore.

The State Bank of India has committed Rs 714 crore to TCG Urban Infrastructure, a New York-based company, for the development of a World Trade Center in Gurugram. This project promises to offer one million square feet of leasable space.

According to a report by the Confederation of Indian Industry (CII) and Knight Frank, Global Capability Centres (GCCs), flexible and co-working spaces, and the IT sector will drive office space demand in India to 1.7 billion square feet by 2030.

Due to decarbonisation ambitions, more Indian enterprises are prioritising eco-friendly commercial real estate. Green office space demand is outpacing supply in India's key property markets, signalling a new age of corporate environmental conscience.

Bengaluru office leasing is changing. Multinational firms' tech and shared service divisions, Global Capability Centres (GCCs), are gaining ground in India's commercial real estate market. In 2023, GCCs leased the most space since the start of the decade, according to Colliers.

PropShare, India's biggest commercial real estate digital platform, aims to grow its Asset Under Management (AUM) to over Rs 1,000 crore in storage assets. The warehouse market's current growth, reminiscent of the early 2000s office space bubble, prompts the business to buy assets across India.

Smartworks has proudly announced its newest jewel in the crown, RK Four Square, a state-of-the-art office space nestled in the dynamic Cyber City of Gurugram.