Jaguar Land Rover leases an additional 1.46 lakh sq ft of office space in Bengaluru for a monthly rent of ₹1.67 crore

Jaguar Land Rover Technology and Business Services India has expanded its office footprint by taking an additional 1.46 lakh sq ft on lease at Brigade Tech Gardens in Bengaluru, at a monthly rent of around ₹1.67 crore for a five-year term, according to documents accessed by Propstack. The deal underscores the confidence multinational firms continue […]

Smartworks leases around 1.66 lakh sq ft office space to Wolters Kluwer in Pune

Smartworks Coworking Spaces Limited, a managed office platform, has leased around 1.66 lakh sq. ft. in Pune to Wolters Kluwer (India) Pvt. Ltd., an information, software solutions and services provider for professionals in healthcare, tax and accounting, financial and corporate compliance, legal and regulatory, corporate performance and ESG, the company said on November 17, Smartworks […]

91Springboard leases about 1 lakh sq ft of office space in Mumbai and Gurugram

91Springboard, a workspace solutions provider, has leased about 1 lakh sq ft of office space in Mumbai and Gurugram to cater to Global Capability Centers (GCCs), large enterprises, MSMEs, and late-stage startups, the company said on November 13. The two facilities will be operational by the next quarter, it said. 91Springboard has leased about 1 […]

Kalpataru sells commercial office space near Mumbai to German maritime firm Bernhard Schulte Shipmanagement for ₹304 cr

Kalpataru Group has sold six built-to-suit office spaces in its commercial project Kalpataru Virtus in Mumbai’s eastern suburb of Vikhroli to global maritime firm Bernhard Schulte Shipmanagement (BSM) for ₹304.05 crore, according to documents accessed by Propstack. Kalpataru Group has sold six office floors in its Kalpataru Virtus project in Vikhroli, Mumbai, to Bernhard Schulte […]

Google wants to build AI data centres in space, powered by the sun| Business News

Google has launched a new research moonshot, called ‘Project Suncatcher’, to build AI data centres in space powered by the sun. Google, in partnership with satellite maker Planet Labs, plans to launch two prototype satellites by early 2027 to test the harware in orbit. (AI Image) The idea is to build a constellation of solar-powered […]

Smartworks rents 8.15 lakh sq ft office space in Mumbai’s Hiranandani Group campus

Managed office space provider Smartworks Coworking Spaces Ltd has signed an agreement for over 8.15 lakh sq ft in Mumbai, making it one of the city’s largest flexible workspace campuses, the company’s statement said. Smartworks has leased over 8.15 lakh sq. ft. in Mumbai, creating one of the city’s largest flexible office campuses. (Representational Image) […]

India’s office space absorption up 34% to 42 mn sq ft; Bengaluru leads with 9.95 mn sq ft

Despite global headwinds such as tariffs, geopolitical tensions, and layoffs in the IT/ITeS sectors, office space demand in India’s major cities remains robust. According to a report by ANAROCK, office space absorption across the top seven cities surpassed 42 million sq. ft. in the first nine months of 2025, reflecting a 34% year-on-year increase. The […]

IKEA India leases 37,259 sq ft retail space at Pune’s Phoenix Marketcity Mall for ₹23.54 crore for nearly five years

Swedish home furnishings giant IKEA India Private Limited has leased 37,259 sq ft of retail space at Phoenix Marketcity Mall, Viman Nagar Road, Pune, for a total rent of ₹23.54 crore for 4 years and 11 months, according to property registration documents accessed by CRE Matrix. The ground-floor space will have a starting monthly rent […]

India records 57 mn sq ft of office space absorption between Jan-Sept 2025: Savills India report

India’s office real estate market recorded 56.8 million sq ft of gross absorption across the top six cities between January and September, according to a report by Savills India, a real estate consultancy firm. India’s top six cities saw 56.8 million sq ft of office space absorbed between January and September, says Savills India. (Picture […]