India Leads Asia Pacific Office Market with 70% of Demand in Q3 2024, Driven by Flight to Quality

The Asia Pacific office market saw a 10.7% increase in demand in Q3 2024, driven by strong activity in India, New Zealand, and Singapore. India continues to dominate, accounting for over 70% of regional demand, as occupiers seek premium, ESG-compliant office spaces.

Innov8 to Double Coworking Centers to 100 by 2025

Innov8, a leading coworking startup in India, has announced plans to double its number of centers to 100 by 2025, increasing capacity to over 50,000 seats. This expansion is driven by the growing demand for flexible workspaces from various sectors, including startups and large enterprises, amidst evolving market dynamics.

Real Estate Demand Soars in India’s BFSI Sector, Projected to Break 2023 Leasing Records in 2024

The BFSI sector in India is experiencing a significant surge in office space demand, projected to surpass its previous leasing record of over 11 million square feet set in 2023. As global players dominate the market and tech hubs like Bengaluru and Mumbai emerge as key locations, the future looks bright for real estate in this rapidly evolving sector.

Record-Breaking Real Estate IPOs in 2024: INR 135 Billion Raised

IPO trends in India’s real estate sector have surged in 2024, with a record INR 135 billion raised amid widespread oversubscription. The positive sentiment is driven by strong housing demand and robust market activity, positioning the sector for continued growth.

Urban Vault Expands Office Space in Bengaluru’s CBD to Meet Rising Demand

Urban Vault has expanded its presence in Bengaluru’s CBD by leasing 1.2 lakh square feet of office space to meet growing corporate demand for managed workspaces. The company, which now boasts over 2 million square feet of office space, aims to enhance its offerings to medium and large enterprises.