Awfis H1 FY26 Operating EBITDA Jumps 44% YoY; Revenue Up 28% Amid Strong Enterprise Demand

Awfis Space Solutions reported strong financial performance in H1 FY26, with operating EBITDA up 44% YoY and revenue up 28%. The company expanded its portfolio to 247 centers with 1.7 lakh seats and announced the subsidiarization of Awfis Transform to drive its next growth phase.

MMRDA’s BKC Plot Auction Fetches Record-Breaking Prices: Sumitomo and Brookfield Secure Prime Land

The Mumbai Metropolitan Region Development Authority (MMRDA) has set a new record with its latest land auction in Bandra-Kurla Complex (BKC), fetching prices well above the reserve rate. Sumitomo Corporation acquired two prime plots at ₹4,82,000 per square meter, while Brookfield secured another at ₹3,87,000 per square meter. This historic auction highlights BKC’s growing demand among global investors and reinforces Mumbai’s status as a premier commercial hub.

SUGAR Cosmetics Acquires 14,000 Sq. Ft. Office Space in Mumbai

SUGAR Cosmetics has secured a 14,000 sq. ft. office space at Enzyme Office Spaces in Andheri East, Mumbai. The facility, designed for 300 workstations, marks a strategic expansion for the company amid India’s booming co-working sector.

Hrithik Roshan Rents Out Office Space for ₹5.62 Lakh Per Month

Bollywood star Hrithik Roshan has rented out his 2,727 sq. ft. office space in Lotus Corporate Park, Goregaon, Mumbai, for ₹5.62 lakh per month. The lease, registered in January 2025, highlights the actor’s growing real estate investments. Located in a premium business hub, the property is part of a 27.55-acre commercial project known for its modern infrastructure and strategic location.

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.