IT-ITeS Leads Office Absorption; Flex Spaces Rise to 14 per cent: Vestian
India’s office space market witnessed sustained momentum in Q2 2025 with total absorption reaching 18.79 million sq ft—up 10 per cent year-on-year and 5 per cent quarter-on-quarter—according to Vestian Research. Southern cities led the surge, accounting for 59 per cent of total absorption, up from 46 per cent in Q1. The IT-ITeS sector dominated the market with 9.4 million sq ft of absorption in Q2, representing 50 per cent of the national total. Key demand clusters included Yeshwantpur (Bengaluru), Nanakramguda (Hyderabad), and Airoli (Mumbai). Fle..
Innov8 to Add 11,000 New Seats Across India in FY26
Innov8, one of India’s leading flex space providers, has announced plans to add 11,000 new seats across the country in FY26. The expansion will primarily focus on commercial hubs in the western and southern regions, addressing the growing demand for flexible workspace solutions from startups, enterprises, and remote professionals. In the western region, over 5,500 seats will be added across existing and upcoming centres in Mumbai, covering locations such as Andheri East, Ghatkopar, Vikhroli, Lower Parel, Navi Mumbai, and Thane. In Pune, expansion will focus on Baner, Viman Nagar, and th..
EPACK Durable, Bumjin Join Hands for Smart Audio Manufacturing
EPACK Durable, a leading Indian manufacturer of consumer durables, has entered into a strategic partnership with South Korea-based Bumjin Electronics Co. (Bumjin), a global provider of audio solutions. The agreement, signed on 24th July 2025, marks Bumjin’s entry into the Indian market and advances EPACK Durable’s vision to expand across high-growth consumer electronics categories. The alliance will focus on the manufacturing of soundbars, TV speakers, and Bluetooth-enabled audio products. It will combine EPACK Durable’s manufacturing scale, R&D capabilities and distribution net..
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