GCCs to Drive 40% of Demand for Grade A Office Space in India

Colliers report projects that Global Capability Centers (GCCs) will drive almost 40% of the demand for Grade A office space in India in the coming years. The report highlights the increasing role of GCCs, engineering, and BFSI sectors in the office space market, with major cities like Bengaluru, Hyderabad, Chennai, and Pune showing significant growth. ESG considerations are also shaping demand, with a substantial portion of office space expected to be green-certified.

Track3D Secures $4.3 Million Seed Funding to Revolutionize Construction with Unified Reality Intelligence Platform

Track3D has secured $4.3 million in seed funding to enhance its pioneering AI-driven reality intelligence platform for the construction industry. Led by Endiya Partners, this investment will accelerate Track3D’s growth, including expanding its workforce in India and opening a new office. The platform revolutionizes construction progress monitoring by integrating data from various sources into a unified, intelligent system.

MANA Projects Expands with Acquisition of 2.5-Acre Land Parcel Near Sarjapur Road

MANA Projects expands its footprint with the acquisition of a 2.5-acre land parcel in Chikkanayakanahalli, off Sarjapur Road. This new development aligns with their commitment to sustainable and community-focused residential projects, enhancing their presence in Bengaluru’s dynamic real estate market.

The Hive Hostels to Expand by 3,000 Beds and Digitalize Operations Ahead of IPO

The Hive Hostels plans to add 3,000 new beds by the end of FY 2025 with a ₹10 crore investment and has partnered with Crib to digitalize its operations in preparation for an upcoming IPO. The company is also introducing Aurus – Luxury Student Residences, featuring luxury design and top-tier amenities, marking a new era in student accommodation.

Qubit’s Navigo Facilitates ₹510 Crore in Real Estate Sales

Qubit’s Navigo has made a remarkable impact on the real estate market, facilitating ₹510 crores in sales within nine months of its launch. This innovative 3D visualization tool is projected to drive sales over ₹5000 crores by September FY 25 and is expanding into Pan-India and UAE markets. With features like 360-degree walkthroughs and real-time geospatial mapping, Navigo is setting new standards in real estate visualization and sales.