WeWork Leases 22,700 Sq Ft in Chennai to Chargebee

05 Sep 2025 CW Team

WeWork India, the co-working arm of the global flexible workspace provider, has leased 22,700 square feet of office space to Chargebee, a global billing and monetisation platform, at one of its centres in Chennai.

In a statement issued on Tuesday, WeWork India Management Ltd confirmed that Chargebee has officially opened its new Chennai office at the leased premises. The expansion underscores Chargebee’s growing presence in India and its preference for premium, flexible workspace solutions to support its global operations.

WeWork India is currently operational across eight major cities, offering more than 100,000 desks. The company is also reportedly preparing for an Initial Public Offering (IPO) in the near future, marking a significant milestone in its growth trajectory within the Indian commercial real estate market.

This leasing arrangement reinforces WeWork India’s role as a key enabler for enterprise and tech companies seeking scalable workspace solutions in India’s top business hubs.

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..