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Nippon Life Secures INR 486 Crore Deal for Premium Office Space in Mumbai's Lodha Tower

Nippon Life India Asset Management has acquired two premium floors in Mumbai's One Lodha Place, Lower Parel, for ₹486 crore, marking a landmark deal in the city’s prime real estate market.

By Admin

  • 22nd Nov 2024
  • 1155 Views
Embassy Office REIT Raises FY25 Leasing Targets Amid Strong Corporate Demand

Embassy Office Parks REIT, India's first listed REIT and Asia's biggest office REIT by area, increased its fiscal 2025 leasing objective to 6.5 million square feet from 5.6 million. This adjustment shows that corporate occupiers, notably GCCs, continue to seek premium office locations.

By Admin

  • 27th Oct 2024
  • 1174 Views
Deloitte India Leases 81000 Sq Ft in Oberoi Commerz 3 at Goregaon East at INR 2 Crore Monthly Lease

Deloitte India has secured over 81,000 sq ft of luxury office space on two floors of the Oberoi Commerz III skyscraper in Goregaon, Mumbai's busy western district. This strategic move is part of the company's long-term expansion strategy, with a five-year lease beginning November 1, 2024.

By Admin

  • 8th Sep 2024
  • 1272 Views
How Are Flexible Lease Terms Driving a Surge in Office Space Renewals Across India?

Amazon, Cognizant, IBM, Accenture, and McKinsey are renewing leases in India's office space market, which is booming. Bangalore led the list of cities where major firms renewed office space, with 1.6 million square feet renewed between January and July 2024.

By Admin

  • 3rd Sep 2024
  • 1215 Views
Volkswagen Tech Arm Leases Office Space of Around 1,23,000 in Hudson Block, Pune

Volkswagen Group Technology Solutions India has leased a three-story commercial tower in Hinjewadi, Pune, for over five years. In the Embassy Tech Zone of the Rajiv Gandhi InfoTech Park in the second phase of Hinjewadi development, this new office occupies over 123,000 sq ft in the Hudson Block.

By Admin

  • 19th Aug 2024
  • 1202 Views
IDFC First Bank Leases Prime Office Space in Oberoi Commerz III, Goregaon East, Mumbai

First Bank Leases Goregaon Premium Office Space Mumbai: IDFC First Bank has leased an office space at Göegaon's Oberoi Commerz III tower spread across 4 floors. Under the five-year leasing arrangement, the bank would pay ₹170 crore in rent.

By Admin

  • 7th Aug 2024
  • 1250 Views
Apple to Lease Entire Office Tower from Embassy Group in Bengaluru

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.

By Admin

  • 28th Jun 2024
  • 1292 Views
Office Leasing in Top 6 Indian Cities Surges by 19% in H1 2024

Office space leasing in India's top six cities rose 19% to 29.4 million square feet in the first half of 2024. Mumbai and Hyderabad quadrupled office space absorption, with Bengaluru leading at 8.8 million sq ft.

By Admin

  • 27th Jun 2024
  • 1239 Views
Amazon Expands Operations with Major Office Lease of Over 1.1 Million SqFt in Bengaluru

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.

By Admin

  • 14th Jun 2024
  • 1361 Views
Google Expands Footprint - Leases 649,000 sq ft in Alembic City, Bengaluru

Google leased 649,000 sq ft of office space in Alembic City in Whitefield, Bengaluru. Sources report a monthly fee of ₹62 per sq ft with a three-year lock-in term. Google has been proactively purchasing conventional and flexible office premises in key Indian cities to expand its footprint.

By Admin

  • 29th May 2024
  • 1329 Views
L&T Innovation Campus is Redefining the Office Space Experience in Powai

With its 2.2 million sq ft layout, the L&T Innovation Campus in Mumbai's lively Powai neighbourhood is ushering in a new age in corporate settings. This five-acre property combines high-end office spaces with a vibrant community lifestyle to foster creativity and innovation.

By Admin

  • 20th Apr 2024
  • 1410 Views
Decoding The Demand For Green Office Spaces in India

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.

By Admin

  • 9th Apr 2024
  • 1356 Views
Co-working Spaces Jump to Second Place in Office Leasing in India for Q1 2024

Flexible space operators became the second-largest office leasing industry in the January to March quarter of 2024, a major change. To suit worldwide corporate needs, the sector's growth has increased.

By Admin

  • 6th Apr 2024
  • 1290 Views
Table Space Leases 1 Lakh Sq Ft at Iconic CCD Square, Bengaluru for Flexible Workspace Expansion

Table Space Technologies leased over 100,000 square feet at Cafe Coffee Day Square in Bengaluru to expand, highlighting India's growing need for flexible offices. Once Cafe Coffee Day's corporate headquarters and flagship shop.

By Admin

  • 18th Feb 2024
  • 1395 Views
Apple Strengthens its Presence in India with New Bengaluru Office

Apple Inc.'s newest location in Bengaluru, India's innovation hub, has greatly increased its footprint in the nation. This shows the U.S. company's increasing commitment to India, the second-largest smartphone market, and its diversification outside China.

By Admin

  • 19th Jan 2024
  • 1364 Views
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