Portfolio expansion plans by Skootr

15 Dec 2021 CW Team

Skootr, a Premium managed office space provider, makes expansion plans of 4 million sq ft, which is currently at 4 lakh sq ft, backed by the increased flexible workspace demand by the large corporates. The company will probably acquire various assets in major cities including Bangalore, Mumbai, Pune, and Chennai. Additionally, the focus is also on other cities which include Gurgaon, Hyderabad, and Jaipur, Skootr Country Head, Rajat Johar.

First Bangalore may be materialised as the search is for a Grade A building. An increase in the absorption of seats will be seen as per experts.

The company aims to achieve a 4 million sq ft portfolio by 2024. Out of which around 1.5 million sq ft is going to be in Hyderabad. 1.35 lakh sq ft of space in Gurugram and Hyderabad has been acquired in the last three months.

As currently there are many transactions in the city and most of their space is there. There is no upper limit set. However, they won't go for spaces below 50,000 sq ft. The company is willing to acquire spaces that are required by their clients as well as spend more. They also have new clients from various sectors including finance, gaming, and legal advisory.

Fitouts and Leasing solutions are also offered by the company. This too is said to have gained demand.

Image Source

Also read: Byju's takes up 9,500 sq ft office in Mumbai on 5 year lease
Also read: The Executive Centre to invest Rs 200 cr for office space expansion

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..