Table Space acquires office space in Bengaluru for Rs 5 Bn

19 Sep 2024 CW Team

Table Space, a provider of flexible workspaces for corporates, has acquired 500,000 sq ft of office space in Bengaluru for approximately Rs 5 billion to expand its operations. Sources revealed that the office space is located in Whitefield, Bengaluru, and that the real estate consultant CBRE facilitated the deal.

The President of Table Space, Kunal Mehra, confirmed the transaction but did not disclose the deal value. He stated that the company has acquired the Kalyani Camellia property in Whitefield (Mahadevapura), Bengaluru, adding that this is the second asset owned by Table Space in its portfolio. The first acquisition was the Panchshil Towers in Kharadi, Pune, which spans over 900,000 sq ft.

Mehra noted that Bengaluru is Table Space’s most mature and crucial market, contributing 46% to the company's overall revenue and expected to remain its largest growth area. He highlighted that Table Space is among the leading providers of enterprise workspace solutions in the country, specialising in enterprise-managed workspaces.

Founded in 2017, Table Space has developed over 9.5 million sq ft of custom workspaces, with more than 60 centres across seven cities in India. The company adopts a solution-based approach to meet clients' workspace needs, offering a range of services from ready-to-move-in premium workspaces to fully customised end-to-end managed office solutions, as well as future-first Enterprise Workspace as a Service (WaaS).

Following the COVID-19 pandemic, demand for flexible workspaces has surged. Corporates are increasingly leasing space from flexible providers to reduce capital expenditure and alleviate the challenges of managing office space. The shift to hybrid working models is also a significant factor contributing to growth in this sector.

Infrastructure Energy

07 Oct 2025

Hero Future Energies Secures Rs 19.08 Bn for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19,080 million in funding from State Bank of India (lead) and Canara Bank for the development of its 120 MW renewable energy (RE) hybrid project in Kurnool, Andhra Pradesh.The project, contracted with SJVN, integrates wind, solar, and storage technologies to provide reliable peak power. The funding, structured with a 21-year repayment tenure, will support timely project execution and the commencement of commercial operations.This financial closure underscores the banking community’s confidence in ..

SANY India Opens New 3S Branches in Visakhapatnam and Palwancha

SANY India, a leading manufacturer of construction, mining, road, logistics, and energy equipment, has expanded its presence in southern India by inaugurating two new 3S (Sales, Service, Spares) branch offices in Visakhapatnam (Andhra Pradesh) and Palwancha (Telangana). The expansion, in partnership with its authorised dealer Madhura Engineering Services, reinforces SANY’s commitment to providing world-class equipment and faster service access in key industrial and mining hubs.These new facilities complement Madhura Engineering’s existing branches in Guntur and Vijayawada, marking a strate..

Compact Homes Lead Demand as Indian Housing Market Stabilises: Magicbricks

Magicbricks, India’s leading real estate platform, has released its PropIndex Report for July–September 2025, revealing signs of stabilisation in the housing market. Despite affordability pressures, housing demand grew 3.1 per cent QoQ, driven largely by compact homes. The share of 1–2 BHK units rose to 54 per cent of total demand, reversing a two-year decline and signalling renewed focus on affordability.While overall supply increased marginally by 1 per cent QoQ (–4.5 per cent YoY), property prices continued to rise. Pune (+41.4 per cent YoY), Mumbai (+29.6 per cent YoY), and Greater..