Bhive leases 77k sq ft Grade A office in Indiranagar

12 Sep 2024 CW Team

Bengaluru-based co-working provider Bhive Workspace has expanded its footprint by leasing 77,000 sq ft of premium Grade-A office space from developer Address Maker at CMH Road, Indiranagar, as part of its ongoing growth strategy, the company announced in a statement. Bhive's partnership with Address Maker strengthens its presence in Bengaluru's central business district. The cutting-edge B+G+3 building is poised to offer high-end office amenities and is strategically positioned for connectivity. This managed office space will accommodate over 1,500 seats and offer a full range of amenities, including boardrooms, private phone booths, recreational areas, designer studios, and dedicated stack parking. Shesh Rao Paplikar, founder and CEO, Bhive Workspace, said, “Acquiring this property is a significant step in strengthening our leadership position in Bengaluru’s central business district, one of the city’s most prominent areas. I am glad to expand our presence, especially with a property that is just a stone’s throw from the metro station.” Furthermore, Bhive has expanded its market presence to Mumbai by leasing a 62,000 sq ft workspace in Adani Inspire, located in the Bandra-Kurla Complex (BKC). For FY24, Bhive reported a notable revenue increase to Rs 186 crore, fuelled by the growing demand for managed workspaces. The company's profit after tax (PAT) tripled compared to the previous financial year, and Bhive is forecasting a remarkable revenue target of Rs 3.48 billion for FY25.

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..