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Executive Centre Secures 200,000 Sq Ft in HITEC City, Hyderabad

The Executive Centre India has secured a lease for 200,000 sq ft of premium office space in the Avance Business Hub (H09), HITEC City, Hyderabad, from Phoenix Infocity Private Limited. This agreement, formalized in a lease deed on February 6, 2026, and registered on February 20, 2026, highlights the growing need for flexible workspaces in major IT hubs across India, according to documents from Propstack. The lease encompasses the third and fourth floors (office levels 8 and 9) of the warm-shell condition building in Gachibowli Village, Serilingampally Mandal. With a base rent of ₹110 per sq ft per month, the…

₹1.2 Crore Allocated for Thiruverumbur SIPCOT Development

Representative AI image TRICHY: The Tamil Nadu government has earmarked Rs 1.2 crore for the development of roads and water infrastructure at the Thiruverumbur Sipcot industrial park, marking Trichy’s second dedicated industrial area following Manapparai Sipcot. The district administration has selected a 125-acre site near the Trichy Semi-ring Road for the initiative. Sipcot, in collaboration with Guidance TN, the state’s investment promotion agency, intends to allocate the entire park to a key investor in the electronics sector. This development will take place in the Elandapatti and Suriyur villages, adjacent to the Olympic Training Academy. The land was repurposed from the…

India’s Office Market to Surpass 1 Billion Sq Ft: Report

NEW DELHI: A recent report by Knight Frank India indicates that India’s total office stock will exceed one billion square feet by Q3 2025. The report reveals that the cumulative office space in the top eight Indian cities was 993 million sq ft as of H1 2025. From less than 200 million sq ft in 2005, the office supply has experienced a compound annual growth rate (CAGR) of 8.6%, approaching one billion sq ft by 2025. Bengaluru currently leads with 229 million sq ft, representing 23% of India’s total office stock. It is followed by the National Capital Region (NCR)…