Airbus Leases 650,000 Sq Ft Office Space in Bengaluru for GCC

20 Dec 2024 CW Team

Global aerospace and defense giant Airbus has leased over 650,000 sq ft of office space in Bengaluru’s Whitefield area for a 10-year term. This space will be used to establish Airbus' Global Capability Centre (GCC), which will focus on driving strategic innovation and technology development. The lease agreement with Titanium Tech Park includes an option to expand the space by an additional 150,000 sq ft after one year, with the potential for a 15-year lease term.

The deal involves a rental commitment of over Rs 5 billion over the lease period. Airbus’ growing presence in India is part of its strategic expansion in the region, with India being a crucial market for both civil aviation and defense. The company has partnerships with Indian suppliers like Tata Advanced Systems and HAL for aircraft production and has secured large orders from Indian airlines such as IndiGo and Air India.

India's office market is witnessing record demand driven by Global Capability Centres (GCCs) and expanding companies, with robust growth expected in the coming years. The government is also working on policies to incentivize GCCs, particularly in smaller towns and cities, ensuring long-term growth in the office space sector.

Infrastructure Transport

05 Feb 2026

MMRDA Installs 325-Tonne Steel Spans on Mumbai Metro Line 4

The Mumbai Metropolitan Region Development Authority (MMRDA) has achieved a key construction milestone on Metro Line 4 with the successful installation of three large steel spans at Bhandup West during overnight operations.The spans, together weighing 325 metric tonnes, were launched using eight heavy-duty cranes and 12 multi-axle vehicles. The operation required precise engineering and meticulous planning to minimise disruption in the densely populated suburban area.Due to effective inter-agency coordination, the work—originally scheduled across four nights—was completed within just two n..

CMRL Targets March 2027 Opening for Vadapalani–Panagal Park

Chennai Metro Rail Limited (CMRL) is progressing as scheduled to open the Vadapalani–Panagal Park section of Phase II’s Corridor 4 by March 2027. The 3.5 km underground stretch is part of the 26.1 km Corridor 4 connecting Lighthouse with Poonamallee Bypass.Construction activities are advancing steadily, with tunnelling works between Vadapalani and Panagal Park already completed. Track-laying operations are expected to commence shortly. At Panagal Park station, structural works have reached the concourse and platform levels, while excavation continues at the lowest level.CMRL is also consid..

Maha-Metro Invites Pune Metro Civil Maintenance Bids

Maharashtra Metro Rail Corporation Limited (Maha-Metro) has invited bids for the annual civil maintenance contract of the Pune Metro Rail Project. The tender, bearing ID and number P1-O&M-20/2025, is scheduled to close on 23 February 2026, with a pre-bid meeting slated for 10 February 2026. The earnest money deposit (EMD) for the contract is Rs 3,50,500, and the duration of the contract is one year.The scope of work includes annual civil maintenance of 28 elevated and underground stations, 28.079 km of elevated viaduct including steel bridges, 12.15 km of tunnels, and two depots under the ..