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Emerging Tier II-III Cities Drive India’s Warehousing Growth with 100 Million Sq. Ft. Contribution

India’s warehousing sector is witnessing rapid growth, with Tier II-III cities contributing 100 million sq. ft. in 2024. This expansion, driven by e-commerce demand and infrastructure development, is reshaping India’s logistics landscape. Government initiatives and the hub-and-spoke model are enhancing last-mile delivery capabilities, creating new investment opportunities in the sector.

Colliers India Facilitates 68,021 Sq. Ft. Office Deal for Protean eGov Technologies in Mumbai

Colliers India has executed a major 68,021 sq. ft. office transaction for Protean eGov Technologies Ltd. at One International Center, Lower Parel. This strategic move aligns with Protean’s mission to drive digital transformation, with Colliers also leading the office design to create a collaborative and innovative workspace.

QIP Fundraising Reaches Record High in 2024, Real Estate Leads with INR 22,320 Cr

India’s QIP fundraising surged to an all-time high in 2024, raising INR 1,41,482 crore across sectors. The real estate sector emerged as the leader, attracting INR 22,320 crore in funding despite market volatility. Experts cite strong institutional confidence as a key driver behind the sector’s robust performance.

Google India and Google Cloud Renew Office Leases in Mumbai’s BKC at a Combined ₹4.79 Crore Per Month

Google India and Google Cloud have renewed their office leases at the First International Financial Center (FIFC) in Mumbai’s BKC. Google India will pay ₹3.55 crore per month for 1,10,980 sq. ft., while Google Cloud’s lease for 38,678 sq. ft. is set at ₹1.24 crore per month. Both leases, registered in February 2025, include a five-year term with a 15% rent escalation clause after 36 months.

EY GDS Opens First Coimbatore Office, Expands Presence in Tamil Nadu

EY Global Delivery Services (GDS) has launched its first office in Coimbatore at the KCT Tech Park, strengthening its presence in Tamil Nadu. The new facility focuses on technology and innovation, with expertise in AI, cloud services, and cybersecurity, contributing to employment and digital transformation in the region.