+
Bengaluru's office space to reach 340 million sq ft by 2030: Report
Real Estate

Bengaluru's office space to reach 340 million sq ft by 2030: Report

Ram Chandnani, Managing Director of Advisory and Transaction Services at CBRE India, mentioned that with the boom in the commercial real estate sector, there is a need to enhance the city's infrastructure.

He pointed out that Bengaluru is currently trying to keep up with the growth and mentioned that a commercial boom would likely lead to a marginal increase in rentals as companies seek various amenities in office spaces.

Experts indicated that to maintain the momentum, emerging industries need to upskill and attract more talent. Chandnani emphasized that this is a golden period for India and its industry, and that both the state and Union governments should support this growth.

Despite global challenges and economic slowdown in 2023, Bengaluru achieved a record high in warehousing space, reaching 4.6 million square feet, with local developers leading the supply additions.

The city now has 54 million square feet of warehousing space, ranking it among the top three industrial and logistics hubs in India, alongside Mumbai and Delhi-NCR.

Ram Chandnani, Managing Director of Advisory and Transaction Services at CBRE India, mentioned that with the boom in the commercial real estate sector, there is a need to enhance the city's infrastructure. He pointed out that Bengaluru is currently trying to keep up with the growth and mentioned that a commercial boom would likely lead to a marginal increase in rentals as companies seek various amenities in office spaces. Experts indicated that to maintain the momentum, emerging industries need to upskill and attract more talent. Chandnani emphasized that this is a golden period for India and its industry, and that both the state and Union governments should support this growth. Despite global challenges and economic slowdown in 2023, Bengaluru achieved a record high in warehousing space, reaching 4.6 million square feet, with local developers leading the supply additions. The city now has 54 million square feet of warehousing space, ranking it among the top three industrial and logistics hubs in India, alongside Mumbai and Delhi-NCR.

Next Story
Infrastructure Urban

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Next Story
Equipment

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

Next Story
Equipment

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement