Your Weekly Dose of News from the Commercial Real Estate Industry

Your Weekly Dose of News from the Commercial Real Estate Industry

BHIVE Expands Beyond Bengaluru: Leases 900+ Desks to Nuvama in Mumbai

Bhive Workspace

BHIVE Workspace , a prominent flexible office provider, has made its first major leap outside of Bengaluru, leasing over 900 desks to wealth management firm Nuvama Group at its Platinum BKC space in Mumbai’s Bandra Kurla Complex (BKC). The strategic deal, facilitated by Colliers , marks a key milestone for BHIVE as it continues to expand its footprint in India’s leading business districts.

Nuvama’s new flexible office setup complements its existing corporate office in BKC, consolidating its workspace and fostering collaboration and innovation among teams. This expansion underscores the rising demand for flexible office solutions in key hubs like BKC.

BHIVE’s rapid growth reflects its ambition to revolutionise the flexible workspace industry. With plans to add 3 million square feet over the next two years and a projected revenue of ?300 crore this fiscal year, the company is also eyeing a ?800 crore IPO.


Minimalist Hotels Launches Hybrid Coworking Spaces in Key Cities

Minimalist Hotels

Minimalist Hotels has introduced coworking spaces in Goa, Delhi, and Varanasi, blending hospitality with flexible work environments. Designed for digital nomads, these spaces offer a seamless blend of leisure and productivity, catering to remote workers and entrepreneurs alike.

The coworking areas are within the hotels' cafes, providing an open, creative environment supporting networking, collaboration, and solo work. With a flexible, pay-as-you-go model, users can access these spaces without reservations, offering convenience to anyone seeking a professional setting.

This initiative reflects Minimalist Hotels' commitment to hybrid hospitality, responding to the evolving needs of modern travellers.


Smartworks Expands with 450,000 Sq. Ft. Lease in Gurugram

Smartworks

Smartworks , a leading flexible workspace provider, has leased 450,000 square feet at the ASF Insignia Campus in Gurugram. This expansion aligns with its strategy to acquire large properties across India, offering tailored workspaces and value-added services. Notably, Zomato has secured 750 seats in this new space.

Located in Vatsal Valley, the LEED-certified campus is a low-density green development housing major tenants like IBM , 爱立信 , and 雀巢 . Smartworks' growing portfolio now spans 8 million square feet across 13 cities as it continues to meet rising demand for flexible workspaces.


Most In-Demand Locations This Week-

Metro City : Delhi

Micro-market : Saket

Non-Metro City : Patna

Micro-market : Patliputra Colony


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