Chennai gets several project announcements in Tamil Nadu budget

Tesla Leases 24,565 Sq Ft Kurla Warehouse for Rs 240 Mn Over 5 Years

Elon Musk’s Tesla India Motor and Energy has leased 24,565 sq ft of warehouse space at Lodha Logistics Park in Mumbai’s Kurla area for a total rent of Rs 240.38 million over five years, according to property registration documents obtained by CRE Matrix.The documents revealed that the leased area comprises two ground-floor units with a combined carpet area of over 18,000 sq ft and a chargeable area exceeding 24,000 sq ft.The initial monthly rent is stated to be over Rs 3.7 million for the first year, with an annual escalation of 5 per cent, bringing the total rent over the five-year period..

LDA Begins Work on 188-Acre Central Park and Golf Course in IT City

The Noida Authority has announced plans to construct a 400-metre-long circular skywalk at the busy Sector-62/63 intersection, near the Delhi-Meerut Expressway, at an estimated cost of Rs 400 million. This initiative aims to provide a safe crossing for approximately 50,000 pedestrians each day and to ease traffic congestion in the area.Designed to ensure the safety of pedestrians and improve vehicular movement, the skywalk will feature a circular structure with an iron roof for protection against heat and rain. Escalators and lifts will be installed on both ends to enhance accessibility, partic..

Stylework Expands Flexible Workspaces to 120 Cities with 500+ Sites

Stylework, India’s leading flexible workspace aggregator, has announced its expansion to 120 cities with over 500+ workspaces added in the portfolio. With a tech-enabled platform and a unique Master Service Agreement model, Stylework streamlines workspace management for enterprises and mid-sized businesses, providing easy booking, legal, and operational processes. Its Flexboard SaaS platform monitors utilization, controls costs, and manages hybrid operations, making flexibility a workplace standard.  As India’s coworking market grows at 15–20% annually, Stylework is poised to e..