Browsing Tag

Pune Office Market

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Smartworks has signed a major ~1.66 lakh sq ft lease with Wolters Kluwer in Pune’s Kalyani Nagar, reinforcing its leadership in managed office campuses and accelerating enterprise-driven growth across India.

🏢 Smartworks Leases 1.66 Lakh Sq Ft to Wolters Kluwer in Pune’s Kalyani Nagar, Strengthens Enterprise-Focused Growth

Smartworks has signed a major ~1.66 lakh sq ft lease with Wolters Kluwer in Pune’s Kalyani Nagar, reinforcing its leadership in managed office campuses and accelerating enterprise-driven growth across India.
Urban Vault has expanded its Pune presence with two new managed office centers in Baner and Viman Nagar, adding 2,500 seats and 1 lakh sq. ft. The company now operates three premium centers in the city, catering to growing enterprise demand for flexible workspaces.

Urban Vault Expands Pune Footprint with 2,500 New Seats Across Baner and Viman Nagar

Urban Vault has expanded its Pune presence with two new managed office centers in Baner and Viman Nagar, adding 2,500 seats and 1 lakh sq. ft. The company now operates three premium centers in the city, catering to growing enterprise demand for flexible workspaces.
India’s Global Capability Centres leased a record 31 million sq ft in 2025, transforming cities, creating jobs, and driving real estate demand as companies expand beyond metros into Tier-II markets.

Maharashtra’s GCC Policy 2025: Attracting 400,000 Jobs and ₹50,600 Crore Investments, Set to Surge Commercial Real Estate Demand

Maharashtra launches GCC Policy 2025, eyeing 400,000 jobs and ₹50,600 crore investments—while supercharging real estate with massive office demand in new clusters.
India’s office real estate market achieved a new milestone in 2025 as Grade A office leasing crossed 70 million sq ft, supported by strong demand from technology firms, GCCs, and a sharp year-end surge, according to Colliers India.

Pune Doubles IT Exports in 5 Years, Now India’s 3rd Software Powerhouse

Pune is fast transforming into India’s third-largest software export hub with IT exports doubling to ₹1.05 lakh crore in five years. Backed by 360+ Global Capability Centres, a robust manufacturing base, and rapid population growth, the city’s dual-engine economy is driving office demand, housing boom, and infrastructure expansion—making Pune one of India’s most balanced growth stories.
India’s flex workspace stock across the top seven cities is expected to cross 100 million sq ft by 2027, with penetration rising to 10.5%, driven by strong enterprise demand, GCC expansion, and rapid growth in Bengaluru, Pune, and Chennai.

India’s Office Market Set for Record 90+ Million Square Feet Leasing in 2025

India’s office leasing market is on track to cross a record 90 million sq ft in 2025, with strong demand from tech firms, GCCs, and flex operators driving growth across major cities.