Synechron’s Post

Since the pandemic, the demand for flexible workspaces has been on the rise in India, and it's exciting to see the numbers! In 2021, about 85,234 workstations were filled in major cities. By 2023, that number jumped to 155,000! And already in the first half of 2024, we've seen over 106,000 workstations taken up. This shows how companies are changing the way they work and adapting to new needs. It's clear that flexible workspaces are here to stay, and I can’t wait to see how this trend continues to grow!

🏢 Office parks in India have emerged as key hubs for economic activity. Typically situated on the periphery of major cities like Bangalore, Mumbai, Delhi, and Hyderabad, these parks are planned campuses, consisting of a group of office buildings supported with amenities and infrastructure. However these places are often not easy to access. Here are some key considerations for facilitating easy access and comfortable travel to and within the office park for office employees. 🚇Connecting office parks to the city through road networks, and public transport systems such as rail, metro, shuttles and buses. 🚗 🚴♂️🚶♀️Thoughtfully designed roads and junctions with designated bicycle and two wheeler lanes, footpaths and pedestrian crossings within the office park. 🛣️Planned entry-exit points 🅿️Additionally, traffic management plans and well - designed parking areas facilitate smooth navigation within the park premises. Click this link to learn more about how these principles have been implemented in the design of the mobility plan for Electronic City in Bengaluru. https://lnkd.in/dwyfrHa6 #streetsforall #streets #urbanstreets #inclusivestreets #safestreets #janaurbanspace #jusp

In Q1 2023, major Indian cities saw strong demand for office space, led by Bengaluru (2.0 million sq. ft.), Hyderabad (1.8 million sq. ft.), and NCR (1.89 million sq. ft.). Coworking spaces made up a significant portion of this demand, particularly in NCR (32%), Bengaluru, Hyderabad, and Chennai (26% each). This trend highlights the growing preference for flexible work environments across key IT/ITeS hubs and financial centers. Overall, the data underscores a robust office space market across major Indian cities, with a significant shift towards coworking spaces, particularly in IT/ITeS hubs and financial centers. #realestate #fractionalownership #smreit #MumbaiRealEstate #DelhiRealEstate #BengaluruRealEstate #JLLReport #PropertyShare #IndiaInvestment #RealEstateTrends #FutureInvestments #punerealestate #chennairealestate #hyderabadrealestate #coworkingspaces #realestate #commercialrealestate #commercialleasing #leaseterminology #realestateagent

In Q1 2023, major Indian cities saw strong demand for office space, led by Bengaluru (2.0 million sq. ft.), Hyderabad (1.8 million sq. ft.), and NCR (1.89 million sq. ft.). Coworking spaces made up a significant portion of this demand, particularly in NCR (32%), Bengaluru, Hyderabad, and Chennai (26% each). This trend highlights the growing preference for flexible work environments across key IT/ITeS hubs and financial centers. Overall, the data underscores a robust office space market across major Indian cities, with a significant shift towards coworking spaces, particularly in IT/ITeS hubs and financial centers. #realestate #fractionalownership #smreit #MumbaiRealEstate #DelhiRealEstate #BengaluruRealEstate #JLLReport #PropertyShare #IndiaInvestment #RealEstateTrends #FutureInvestments #punerealestate #chennairealestate #hyderabadrealestate #coworkingspaces #realestate #commercialrealestate #commercialleasing #leaseterminology #realestateagent

Did you know that the office market in India has been experiencing a remarkable surge, with cities like Bangalore and Delhi-NCR leading the charge? According to recent insights from Colliers, these dynamic cities have accounted for a whopping 59% of the office demand over the past four years! In the first quarter of 2024 alone, the office landscape witnessed some monumental deals that are reshaping the corporate environment. Among these significant transactions are leased by Tablespace, Samsung, ANSR, and TATA Agratas, who have secured expansive floor spaces exceeding 1.5 lakh sq ft in vibrant hubs like Hyderabad and Bangalore. These developments underscore the immense potential and growth opportunities present in India's commercial real estate sector. As businesses continue to expand and innovate, the demand for premium office spaces in key metropolitan areas remains on an upward trajectory. #OfficeMarket #India #Bangalore #DelhiNCR #CommercialRealEstate #GrowthOpportunities

𝐎𝐟𝐟𝐢𝐜𝐞 𝐬𝐩𝐚𝐜𝐞𝐬 𝐭𝐨𝐮𝐜𝐡 𝐚 𝐰𝐡𝐨𝐨𝐩𝐢𝐧𝐠 134 𝐥𝐚𝐤𝐡 𝐬𝐪𝐮𝐚𝐫𝐞 𝐦𝐞𝐭𝐞𝐫𝐬 𝐮𝐩 𝐛𝐲 13% 𝐘𝐨𝐘, 𝐚𝐜𝐜𝐨𝐫𝐝𝐢𝐧𝐠 𝐭𝐨 𝐚 𝐫𝐞𝐩𝐨𝐫𝐭 𝐛𝐲 Vestian. 𝐌𝐚𝐫𝐤𝐞𝐭 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬: 1. Bengaluru, Chennai, and Hyderabad accounted for 61% of #office spaces  2. Absorption more than 2x within a year in #Chennai and #Mumbai 3. Office space absorption stood at 118.5 lakh sq ft in Q1 2023 in #India. 4. The office space in #Delhi-NCR stood at 24 lakh square feet a year ago. 5. Office space absorption #declined by 31% in Q1 2024 after peaking in Q4 2023. 𝐎𝐮𝐫 𝐭𝐚𝐤𝐞: 1. #WFO is mandating the #leasing of more office spaces. 2. Bengaluru, Chennai, and Hyderabad are leading in office space. 3. Fluctuations are cyclic and #temporary. 𝐂𝐨𝐧𝐜𝐥𝐮𝐬𝐢𝐨𝐧: As office space absorption dips, #investors should stay #flexible and proactive. By keeping an eye on market trends and exploring new #approaches, they can turn challenges into opportunities, making sure their real estate investments stay strong and profitable despite changing #economic conditions. #Roodland #RealEstate #CommercialRealEstate #OfficeSpaces #RealEstateInvestment #OfficeTrends #CommercialMarket #MarketTrends #EconomicConditions #InvestorsMarket

Chennai Witnessed Staggering 75-Fold Increase In Office Space Read More- https://lnkd.in/gZYAcuJs #ChennaiRealEstate #OfficeSpaceGrowth #ITSector #GlobalCapabilityCenters #BFSISector #EconomicTransformation #SustainableDevelopment #UrbanLiving #RealEstateTrends #JLLReport

Do you Know Gurgaon Office Space is in High Demand and a Top Investment Opportunity - Gurgaon has emerged as one of India's leading commercial hubs due to several factors: 1. Strategic Location: Proximity to Delhi, the international airport, and key infrastructure projects makes Gurgaon a prime business destination. 2. Corporate Presence: Home to numerous Fortune 500 companies, Gurgaon attracts global firms in sectors like IT, finance, and manufacturing, driving demand for office spaces. 3. World-Class Infrastructure: The city boasts modern office buildings, robust connectivity, and rapid urban development, making it highly attractive for businesses. 4. High ROI: The growing demand for commercial properties ensures strong rental yields and capital appreciation, making Gurgaon one of the best investment options in the country. 5. Flexible Workspaces: The rise of co-working spaces and the city’s adaptability to evolving work trends further boosts its appeal. For investors seeking long-term growth and businesses aiming for a strategic base, Gurgaon's office space offers unmatched potential. For any enquiries, reach out to Blue Print Real Estate at +91 7566555537. #RealEstate #Investment #OfficeSpace #Gurgaon #CommercialRealEstate #BusinessGrowth

India's office market saw its best performance ever in early 2024- 33.5 Million Sq Ft, thanks to a surge in leasing across major cities. Calendar Year likely to record 65 million Sq. Ft. plus. Bengaluru, Hyderabad, and Mumbai are leading this trend with significant increases in lease renewal & expansion’s , indicating strong market confidence. The shift from rigid long-term lease commitments to more flexible terms has made it easier for businesses to adapt to changing economic landscapes and workspace needs. This flexibility, often manifesting as moderated rental rates and less stringent lock-in periods, is not only retaining existing tenants but also attracting new ones. As s businesses continue to adapt and grow, the landscape of Indian office spaces is set to expand and diversify, promising a dynamic future for the market. https://lnkd.in/deVzeUtw #India #Office #Sector #RealEstate #GetRealWithSanjay

Link: https://lnkd.in/eZ8sycku Key Points: Large office spaces account for 45% of India’s total commercial real estate transactions in H1 2024. Bengaluru leads with 4.5 million sq ft of office space leased. 54% YoY growth in large office space transactions across India. Hyderabad and Mumbai emerge as key players in office leasing. 🌆 India’s commercial real estate is BOOMING! Large office spaces are now driving the market with a staggering 54% growth, and Bengaluru is leading the pack! Curious about how India’s top cities like Hyderabad and Mumbai are reshaping the office space game? 🚀 Find out more in the latest report from Knight Frank India! 📊 Click the link to explore the trends shaping the future of office spaces! 🌟 https://lnkd.in/eZ8sycku Knight Frank India Knight Frank #RealEstate #OfficeSpaces #CommercialRealEstate #Bengaluru #KnightFrank #Hyderabad #Mumbai #IndiaRealEstate #MarketTrends #GlobalCapabilityCenters #OfficeLeasing #RealEstateNews