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Skootr to double its managed working space portfolio in Bengaluru by FY24

The company eyes a rental revenue of Rs 700 crore with the upcoming developments. In FY25 the company plans to add 2 msf of managed working spaces with a potential revenue of Rs 1,000 crore in Bengaluru.

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Commercial real estate transactions in Bengaluru dipped 14% YoY in 2023

The top eight Indian markets witnessed total office transactions of 59.6 msf in 2023, registering 15 percent YoY growth.

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WeWork India adds 4000 desks in Bengaluru, Hyderabad

The facilities located in Manyata Redwood in Bengaluru, and RMZ Spire in Hyderabad are set to open within the next few months, it added.

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Co-working player EFC Ltd to add 35,000 seats by March

The company has, more than 36 centres and 25,000 seats across Maharashtra, Telangana, Tamil Nadu, Karnataka, Gujarat, Uttar Pradesh, and West Bengal

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CapitaLand launches Phase 1 of tech park in Hyderabad, to develop 4 9 million sq ft

The company added that it has also flagged off the development of a 40-megawatt (MW) data centre inside the tech park. The data centre will have a built-up area of 0.3 msf.

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