Bengaluru, Hyderabad Lead Premium Office Leasing
Real Estate

Bengaluru, Hyderabad Lead Premium Office Leasing

Bengaluru and Hyderabad emerge as the frontrunners in driving the leasing activity for premium office spaces during the first quarter of the year, January to March. According to recent reports, these two dynamic cities have seen a notable surge in demand for high-quality office spaces, reflecting a positive trend in the commercial real estate sector.

The bustling tech hubs of Bengaluru and Hyderabad have long been favoured destinations for businesses looking to establish their presence in India. With a thriving ecosystem of multinational corporations, startups, and established enterprises, these cities offer a conducive environment for growth and innovation, further fueling the demand for premium office spaces.

The surge in leasing activity is attributed to several factors, including the expansion plans of existing companies, the emergence of new businesses, and the increasing trend of remote work, which has prompted organisations to invest in high-quality office spaces that provide a conducive environment for collaboration and productivity.

Bengaluru, often referred to as the Silicon Valley of India, continues to attract major investments from technology giants and multinational corporations, driving the demand for premium office spaces in prime locations across the city. Similarly, Hyderabad's reputation as a major IT and business hub has contributed to its significant share in the leasing activity for premium office spaces.

The robust leasing activity in these cities reflects the resilience and potential of the commercial real estate market in India, despite the challenges posed by the global pandemic. As businesses adapt to the evolving work landscape and focus on creating innovative workspaces that promote employee well-being and productivity, Bengaluru and Hyderabad are poised to maintain their status as key drivers of the premium office leasing market in the country.

Bengaluru and Hyderabad emerge as the frontrunners in driving the leasing activity for premium office spaces during the first quarter of the year, January to March. According to recent reports, these two dynamic cities have seen a notable surge in demand for high-quality office spaces, reflecting a positive trend in the commercial real estate sector. The bustling tech hubs of Bengaluru and Hyderabad have long been favoured destinations for businesses looking to establish their presence in India. With a thriving ecosystem of multinational corporations, startups, and established enterprises, these cities offer a conducive environment for growth and innovation, further fueling the demand for premium office spaces. The surge in leasing activity is attributed to several factors, including the expansion plans of existing companies, the emergence of new businesses, and the increasing trend of remote work, which has prompted organisations to invest in high-quality office spaces that provide a conducive environment for collaboration and productivity. Bengaluru, often referred to as the Silicon Valley of India, continues to attract major investments from technology giants and multinational corporations, driving the demand for premium office spaces in prime locations across the city. Similarly, Hyderabad's reputation as a major IT and business hub has contributed to its significant share in the leasing activity for premium office spaces. The robust leasing activity in these cities reflects the resilience and potential of the commercial real estate market in India, despite the challenges posed by the global pandemic. As businesses adapt to the evolving work landscape and focus on creating innovative workspaces that promote employee well-being and productivity, Bengaluru and Hyderabad are poised to maintain their status as key drivers of the premium office leasing market in the country.

Next Story
Technology

We’re building robots that flow, not just move

Founded in 2021, Flo Mobility is reimagining construction automation with vision-AI robots designed for seamless movement through complex sites. In conversation with CW, Manesh Jain, Founder & CEO, discusses the company’s origin, its LiDAR-free tech stack, and expansion plans in the Middle East and US.What inspired the name Flo Mobility? Why ‘Flo’ and not ‘Flow’?When we started the company in 2021, our focus was on building autonomous navigation systems for robots. Since our work centred around robot movement, ‘mobility’ naturally became part of the name. We wanted to co..

Next Story
Real Estate

We’re committed to setting benchmarks in sustainable luxury living

From a landmark land acquisition in Boisar to ambitious launches across the Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Bengaluru and Pune, Birla Estates is driving future-ready growth with a strong focus on sustainability, partnerships and premium living, firmly anchored in its LifeDesigned® philosophy. K T Jithendran, Managing Director & CEO, outlines the company’s premium, sustainable growth playbook in conversation with PRATAP PADODE, Editor-in-Chief, CW. Excerpts:Birla Estates recently acquired a 70.92-acre land parcel in Boisar, Maharashtra, for..

Next Story
Infrastructure Urban

Mumbai’s land crunch and ageing homes call for structured renewal

Founded in 2022, Etonhurst Capital Partners is a real-estate fund management platform focused on the Indian market. As the firm achieves the first close of Rs 1.8 billion for its debut Rs 5 billion fund, Bamasish Paul, Co-founder, Managing Partner & CEO, discusses its sharp focus on redevelopment-driven value creation in Mumbai’s urban core with CW. Excerpts:Etonhurst Capital has achieved a significant milestone with the first close of Rs 1.8 billion for its Rs 5 billion fund. What factors contributed to this early success and how do you plan to attract further investments to r..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?