More Offices May Look to Turn Green
Bengaluru: Indian offices, totalling 300-350 million sq ft, are set to undergo a makeover as companies prioritise compliance with ESG (environmental, social, and governance) norms and eco-friendly operations, according to Colliers. Currently, 61% of Grade A office space in India, totalling 432 million sq ft, is certified as ‘green’, showcasing a pronounced inclination toward sustainable […]
Air India Leases Around 6.2 L sq ft in Gurugram for Training Centre
New Delhi: Tata-owned Air India has leased about 6,20,000 square fe- et space in Gurugram’s Sector 75 for its training center. The airline will pay an annual rental of about 60 crore, and it has leased the property for a period of 21 years, said people close to the development. They said the developer will […]
Flexible Office Space Market Set for Big Growth in India
Shared workspace segment may touch 80m sq ft by 2026, says Colliers-FICCI report Bengaluru: Shared workspaces are on the rise in India, with stock expected to touch 80 million square feet by 2026, comprising 9-10% of the total Grade A office stock in the country, according to a Colliers- FICCI report. Flex space stock across […]
