Located in one of India’s most active startup and technology hubs, the 30,000 sq. ft. Koramangala centre has the capacity to accommodate more than 500 professionals. The workspace is designed for founders, enterprises, consultants and independent professionals seeking premium flexible workspace backed by a vibrant business community. Members will also have seamless access to every The Circle.Work location across India, enabling them to work across multiple cities.

In addition to flexible workspaces, members gain access to The Circle: Founders Club and The Circle.Work’s cross-border startup accelerator. The platform is designed to help ambitious companies scale faster through go-to-market strategy, strategic mentorship, B2B partnerships, investor and corporate connections, fundraising support, business services, and soft-landing opportunities across more than 18 international markets. Together, The Circle.Work and The Circle: Founders Club provides founders with an integrated platform to work, connect, scale and expand globally.

The Bengaluru centre has also partnered with Jamie Oliver Pizzeria, reinforcing The Circle.Work’s hospitality-led philosophy of workplace design. According to the company, the collaboration reflects its belief that exceptional workplaces should inspire productivity while encouraging collaboration, networking and meaningful conversations beyond traditional office environments.

“Bengaluru has long been one of India’s most dynamic entrepreneurial and technology ecosystems, making it a natural choice for our expansion into South India,” said Rajiv Bathla, CEO, The Circle.Work. “Our vision extends beyond creating premium workspaces. Through The Circle: Founders Club, we’re building a cross-border startup accelerator that helps founders access customers, capital, strategic partnerships and global markets. The launch of our Koramangala centre is the first step in our broader South India growth strategy, with Chennai and Hyderabad firmly in our expansion pipeline.”

The Bengaluru launch further strengthens the momentum of The Circle.Work’s expanding network, which today serves founders, enterprises and independent professionals through premium flexible workspaces, curated business programming and a growing national community. With memberships for the Koramangala centre now open, the company continues to advance its strategy of building hospitality-led workspaces while expanding its presence across key business destinations in India.

Initially, NCW launched the PRIME Offices Fund with a target corpus of ₹3,000 crore to provide Indian investors access to high-quality commercial office real estate. However, the company increased the fund size after receiving strong investor interest and identifying attractive investment opportunities across India’s growing office market.

Furthermore, the fund has already deployed nearly half of its capital, reflecting strong execution and continued demand for premium office properties.

Commenting on the milestone, Gaurav Puri, Chief Investment Officer, NCW, said, “The successful final close of PRIME reflects conviction in both India’s office sector and our investment strategy.”

He further stated that India’s commercial office market continues to benefit from several long-term structural growth drivers. These include the rapid expansion of Global Capability Centres (GCCs), increasing front-office operations by multinational companies, and sustained demand for high-quality office workplaces across key business hubs.

Additionally, since its launch, the PRIME Offices Fund has built a portfolio comprising nearly 4 million square feet of premium office space across the country. The portfolio strengthens NCW’s position in India’s commercial real estate market while offering institutional investors exposure to income-generating office assets.

The continued growth of India’s office leasing market, coupled with rising demand for Grade A commercial properties, is expected to create further investment opportunities for institutional real estate funds over the coming years.

NCW’s successful ₹4,000 crore fundraising demonstrates strong investor confidence in India’s commercial office real estate market. By committing 45% of the capital and building a 4 million sq. ft. portfolio of premium office assets, the company has reinforced its long-term investment strategy. As demand for quality office spaces continues to rise, driven by GCC expansion and corporate growth, NCW remains well-positioned to capitalize on India’s evolving commercial real estate landscape.

Situated within Embassy TechVillage, one of Bengaluru’s largest integrated business parks, the newly opened hotel becomes Hilton’s fourth property developed in partnership with Embassy REIT. Later this year, the companies will unveil a full-service Hilton Hotels & Resorts property, completing the dual-branded hospitality complex.

The latest addition enhances Embassy TechVillage’s integrated mixed-use ecosystem, which serves more than 100,000 professionals across technology companies, financial institutions, consulting firms, and global capability centres (GCCs). Furthermore, the hotel enjoys direct access to the upcoming Kadubeesanahalli Metro Station, significantly improving connectivity for business travellers, corporate executives, and visitors.

Commenting on the development, Jitendra Virwani, Chairman, Embassy Group, said that the opening aligns with the group’s long-term vision of creating integrated business destinations that seamlessly combine premium office spaces with hospitality, retail, infrastructure, and lifestyle amenities.

Meanwhile, Alan Watts, President, Asia Pacific, Hilton highlighted Bengaluru’s strategic importance in Hilton’s India expansion plans. He said the city continues to rank among Hilton’s strongest growth markets due to sustained corporate demand, increasing global business travel, and rising demand for premium branded hospitality offerings.

The Hilton Garden Inn Bengaluru Embassy TechVillage offers 211 contemporary guestrooms designed to cater to business and leisure travellers alike. Additionally, the property features flexible meeting and event spaces, a 24-hour fitness centre, a temperature-controlled outdoor swimming pool, and two distinct dining destinations.

Guests can enjoy authentic regional Indian cuisine at Desi Quotient, while Merigo, the hotel’s all-day dining restaurant, serves a diverse menu featuring international cuisine throughout the day.

With this opening, Hilton has expanded its Bengaluru portfolio to 13 hotels, making the city the hospitality company’s largest market in India. The milestone reflects Hilton’s continued investment in India’s rapidly growing hospitality sector and its focus on meeting the evolving needs of business travellers.

Moreover, the project underscores the increasing trend of integrating branded hotels within large-scale commercial campuses. Such developments allow corporate parks to offer comprehensive ecosystems that combine workplaces, accommodation, dining, meetings, and lifestyle amenities, thereby creating greater convenience for tenants, multinational corporations, and business visitors.

As Bengaluru continues to attract technology companies, global capability centres, and multinational enterprises, demand for integrated hospitality solutions is expected to grow steadily. The opening of Hilton Garden Inn Bengaluru Embassy TechVillage not only strengthens Embassy REIT’s mixed-use development strategy but also reinforces Hilton’s leadership in India’s business hospitality market while supporting the city’s expanding corporate travel ecosystem.

Located on Golf Course Extension Road in Gurugram, the project will be developed in two phases. The company launched the first phase with 832 luxury apartments spread across six towers, targeting high-net-worth homebuyers seeking premium residences in one of India’s fastest-growing real estate markets.

Speaking at the launch event in Gurugram, Vikas Oberoi, CMD of Oberoi Realty, said, “We are launching our first project in Delhi-NCR. We feel confident now that our brand is transportable to the NCR market.”

The company has introduced the first phase at a base selling price of ₹35,000 per square foot, reflecting the premium positioning of the development. According to the company, the entire project, including both phases, carries a revenue potential of nearly ₹16,000 crore.

“The total revenue potential of this project, including the two phases, is Rs 16,000 crore,” Oberoi said.

When asked about the investment, he said the total development cost for both phases would be approximately ₹6,000 crore.

The first phase offers luxury residences with prices starting from ₹19 crore. Apartment sizes range between 5,600 square feet and 8,500 square feet, while the exclusive penthouses span nearly 13,000 square feet, catering to buyers looking for expansive luxury living spaces.

Highlighting the company’s long-term vision, Vikas Oberoi, CMD, Oberoi Realty, said, “We are here to build the best product. We do not fear competition.”

He further added, “We want Gurugram businesses as big as Mumbai.”

The launch represents Oberoi Realty’s strategic expansion into one of India’s most competitive luxury housing markets, where demand for premium residences continues to grow due to strong infrastructure development, corporate expansion, and rising demand from affluent homebuyers.

Over the years, Oberoi Realty has established itself as one of India’s leading real estate developers by delivering 51 real estate projects covering approximately 17.3 million square feet. Additionally, the company currently has more than 34 million square feet of real estate under construction across multiple residential, commercial, retail, and mixed-use developments.

With its entry into Delhi-NCR through the premium Three Sixty North project, Oberoi Realty aims to strengthen its presence in India’s luxury residential segment while replicating its successful Mumbai business model in Gurugram. Backed by a ₹6,000 crore investment and an estimated revenue potential of ₹16,000 crore, the project underscores the company’s confidence in the long-term growth prospects of the NCR luxury real estate market.

The latest Colliers India report revealed that coworking operators increased their office space leasing by 32 percent during January-June 2026, compared with 6.5 million square feet leased during the corresponding period last year. Consequently, flexible workspace providers accounted for a record share of commercial office leasing activity during the first six months of the year.

Meanwhile, the overall office market also maintained positive momentum. Gross office leasing across the seven major cities reached 35.7 million square feet during January-June 2026, registering a 6 percent increase over 33.7 million square feet recorded during the same period in the previous year.

Moreover, coworking operators accounted for 24 per cent of the total gross office leasing during the first half of the calendar year, underlining the growing importance of flexible workspaces in India’s commercial real estate market.

Among the seven major office markets, Bengaluru, Delhi NCR, and Hyderabad emerged as the leading destinations for coworking expansion. Together, these three cities contributed nearly two-thirds of the total office space leased by coworking operators during the first half of 2026, driven by robust demand from technology firms, startups, GCCs, and multinational corporations.

Typically, coworking companies lease large office spaces from commercial property owners before developing fully managed workspaces that they subsequently sublease to businesses of all sizes. These operators generally charge clients on a per-desk basis, with pricing ranging from Rs 5,000 to Rs 50,000 per workstation per month, depending on the location, amenities, and workspace configuration.

India’s listed coworking companies, including WeWork India, Smartworks, Awfis, and IndiQube, continue to expand their presence to capitalize on rising demand for managed office spaces. At the same time, several established players, such as The Executive Centre, Incuspaze, Simpliwork Offices, COWRKS, Table Space, Urban Vault, 91Springboard, Innov8, Spring House Workspaces, BHIVE Workspace, and The Office Pass, are also strengthening their footprints across key commercial markets.

Commenting on the report, Manas Mehrotra, Founder of 315Work Avenue, said, “As players in the flexible workspace sector continue to grow their footprint at record speed, it’s clear that organizations in all sectors now recognize agile real estate not as a temporary solution, but as a long-term strategic priority.”

Additionally, Aashit Verma, Founder of Hanto Workspace, highlighted India’s growing attractiveness for businesses adopting flexible work models. He said, “The strong growth of the flex workspace market underscores India’s resilience as a stable and predictable ecosystem for both GCCs and Indian companies, with flex increasingly becoming their default workplace strategy.” Verma further expects the momentum to accelerate as stability returns to the Gulf region and India continues to simplify its foreign direct investment (FDI) framework.

The latest leasing data indicates that India’s commercial real estate market continues to evolve as businesses increasingly prioritize flexibility, scalability, and cost efficiency in their workplace strategies. As organizations embrace hybrid work models and managed office solutions, coworking operators are expected to remain one of the key drivers of office leasing activity across major metropolitan markets.

Strategically located along the Western Express Highway, Sixty3 W.E. Bizpark is a G+25 storey commercial tower project offering office spaces ranging from 545 sq. ft. to 3200 sq. ft., with a 3.60 metre floor-to-floor height enhancing spatial comfort, natural light, and efficiency. Its contemporary design, featuring clean lines and expansive glass façades, maximizes functionality and ventilation and increases visual appeal.

A high-street retail boulevard at its base creates an active, pedestrian-friendly environment with curated retail, cafés, restaurants, and convenience outlets. The project also features a double-height designer lobby, high-speed elevators, ample parking, and 24-hour CCTV surveillance, ensuring seamless operations for occupiers and visitors. Integrated within a mixed-use environment, it ensures proximity to retail, residential catchments, and social infrastructure, creating a productive business ecosystem.

Goregaon East has emerged as one of Mumbai’s most well-connected and rapidly evolving commercial hubs. With seamless access via the Western Express Highway, Goregaon Metro Station, and Goregaon Railway Station, the micro-market continues to attract leading corporates. Established corporate campuses such as NESCO IT Park and Nirlon Knowledge Park, along with the presence of global organizations including Morgan Stanley, Sony Pictures Entertainment, Deloitte, and the National Payments Corporation of India, reinforce its growing appeal.

Positioned as the next major commercial hub in the Western Suburbs after Bandra Kurla Complex and Andheri, both of which are now witnessing saturation and limited expansion potential, Goregaon East is naturally benefiting from significant infrastructure upgrades. Ongoing metro expansion; improved arterial road networks; and the upcoming Goregaon–Mulund Link Road (GMLR) and Coastal Road (North) in the future are set to enhance connectivity, reduce travel time, and strengthen long-term property value appreciation.

Sixty3 W.E. Bizpark directly benefits from this developing infrastructure landscape, offering seamless connectivity to Andheri, Powai, and Bandra Kurla Complex while ensuring excellent visibility along the Western Express Highway. The project is designed as a future-ready destination that blends business, lifestyle, and convenience within a dynamic urban hub.

Vikash Kawar, Director, Vijaylaxmi Realty, added, “With Sixty3 W.E. Bizpark, we are creating commercially viable spaces that deliver long-term value for both occupiers and investors, backed by flexibility, high-quality design, and a dynamic mixed-use environment. The development is well-suited for SMEs, MSMEs, IT companies, startups, and a wide spectrum of modern professionals.”

Gagan Mehta, Director, AGM Group, said, “Sixty3 W.E. Bizpark reflects our vision to develop well-planned commercial ecosystems in high-potential urban corridors. Built around what businesses need today—location, efficiency, and connectivity—it delivers office spaces within a strong, established ecosystem.”

From an investment perspective, Sixty3 W.E. Bizpark has a strong potential for long-term value creation, driven by its strategic location, infrastructure-led growth, and rising demand for professionally managed commercial spaces in Goregaon East. With professional management by leading international property consultants, the project will maintain global standards in leasing, facility management, and tenant services. Backed by strategic location, robust infrastructure, and integrated development, Sixty3 W.E. Bizpark is positioned to set a new benchmark for commercial projects in Mumbai while reinforcing Goregaon East’s emergence as a preferred corporate address.

AGM Vijaylaxmi Group:

AGM Vijaylaxmi Group is a legacy-driven real estate developer, built on a powerful synergy of execution, strength, and entrepreneurial vision. With over five decades of collective experience across the Mumbai Metropolitan Region, AGM Vijaylaxmi Group has delivered a diverse portfolio spanning residential, commercial, and retail developments. Spearheaded by industry veterans Mr. Anil Bhandari, Mr. Narpat Mehta, Mr. Shantilal Kawar, Mr. Vikash Kawar, Mr. Gagan Mehta, and Mr. Utsav Bhandari. The father-son duo has been instrumental in pioneering developments across Andheri East and Goregaon East. As it moves forward, the AGM Vijaylaxmi aims to strengthen its position as a trusted, future-focused developer in Mumbai’s real estate landscape.

For more information, visit: https://sixty3we-bizpark.com/

The company stated that it will develop the integrated project across approximately 2 million sq ft, combining Grade A office space with a five-star hotel that an international hospitality brand will operate. Moreover, the partners will execute the development through a 50:50 joint venture on an 11-acre land parcel along ITPL Main Road, adjacent to the Whitefield Metro Station, thereby enhancing connectivity and accessibility.

Furthermore, Brigade Group emphasized that Whitefield continues to rank among Bengaluru’s most sought-after commercial corridors, driven by a strong presence of global technology companies and Fortune 500 occupiers. Consequently, the project aims to address the growing demand for premium office spaces, commercial real estate, and hospitality infrastructure in Bengaluru’s expanding technology corridors.

Nirupa Shankar, Joint Managing Director at Brigade Group, said the partnership reflects increasing institutional confidence in Indian real estate, particularly in high-quality commercial and hospitality assets. She added that the collaboration will strengthen Brigade’s market presence while optimizing capital efficiency through global partnerships.

“We are constantly on the lookout for opportunities to strengthen the Brigade footprint in key markets that we operate in. This resultant partnership demonstrates our strategic focus to aggressively expand our portfolio through institutional collaborations. By leveraging the financial strength of a fund managed by Bain Capital and our deep-rooted development expertise, we are optimizing our capital structure to accelerate high-value developments. This project is set to become a landmark development in the city’s urban landscape,” she said.

Meanwhile, Sarit Chopra, partner at Bain Capital, highlighted Whitefield’s strong long-term fundamentals, supported by consistent occupier demand, infrastructure growth, and limited supply of high-quality developments. “We are pleased to partner with Brigade Group, one of India’s leading developers, on a high-quality development that brings together premium office and hospitality in a supply-constrained location.”

In addition, Brigade Group has continued to expand aggressively across residential, commercial, and industrial real estate segments. On April 15, the company signed a joint development agreement (JDA) for an 8.63-acre land parcel in Gunjur to build a 39-acre integrated residential township. The company plans this large-scale development along the Whitefield–Sarjapur Road corridor, with an estimated gross development value (GDV) of ₹7,200 crore. The township will include multi-generational housing options, senior living spaces, and integrated lifestyle amenities.

Earlier, Brigade Group launched Brigade Belvedere, a 10.75-acre residential project in East Bengaluru, with an estimated revenue potential of over ₹1,100 crore. Located on Budigere Main Road, off Old Madras Road, the development will offer 1, 2, and 3 BHK units, with sizes ranging from 715 sq ft to over 2,013 sq ft. The initial phase includes two of the five planned towers, comprising 773 residential units.

Additionally, the company has entered the industrial real estate segment with the launch of Brigade Industrial Park, a 25-acre development in Devanahalli in North Bengaluru. The project will cater to high-growth sectors such as aerospace and defense, IT/ITES, and data centers, thereby diversifying Brigade’s portfolio.

Moreover, Brigade Group has partnered with Primus Senior Living to develop three senior living communities across Bengaluru and other South Indian markets. The company expects the portfolio to exceed 600 units, significantly expanding its senior living platform. At the same time, Brigade has collaborated with Hyatt to strengthen its hospitality footprint through two new projects: a beachfront luxury hotel in Chennai and serviced apartments in Bengaluru’s airport corridor.

Brigade Group’s partnership with Bain Capital marks a significant step in scaling premium real estate development in Bengaluru. As demand for Grade A office spaces, luxury hospitality, and integrated townships continues to grow, such strategic collaborations will play a crucial role in shaping India’s urban infrastructure and real estate investment landscape.

In a regulatory filing, the company stated that it plans to raise up to ₹9,000 crore in debt to support its financial strategy and growth initiatives. Meanwhile, Embassy REIT leased 6.4 million square feet during FY26 across 86 deals, including 4 million square feet of new leasing, 1.5 million square feet of renewals, and 0.9 million square feet of pre-leases, highlighting strong demand in the commercial real estate sector.

Furthermore, during the last fiscal year, Embassy REIT reported a 13% year-on-year (YoY) increase in revenue from operations to ₹4,582 crore, while net operating income (NOI) grew 15% to ₹3,760 crore, reflecting robust operational performance.

Amit Shetty, Chief Executive Officer of Embassy REIT, said, “FY26 was another exceptional year for Embassy REIT. We delivered 6.4 million sq ft of leasing and double-digit growth across revenue, NOI, and distributions, driven by strong GCC-led demand, with Chennai emerging as a key growth driver.”

Additionally, the company delivered a record 3.3 million square feet of new office space, scaled its redevelopment initiatives, and strengthened its balance sheet through efficient capital-raising strategies.

“We are guiding for double-digit growth in both distributions and NOI again in FY27 and remain well-positioned to deliver sustained long-term value for our unitholders,” Shetty said.

Moreover, the company’s board approved a proposal to raise debt of up to ₹9,000 crore through various permissible modes, including refinancing existing debt, in accordance with applicable regulations.

Embassy REIT currently owns and operates a portfolio of over 50 million square feet of office space across major Indian cities, including Bengaluru, Mumbai, Pune, the National Capital Region, and Chennai, thereby reinforcing its position as one of India’s leading commercial real estate investment platforms.

Embassy REIT’s strong FY26 performance, consistent distributions, and strategic debt plans underscore its growth trajectory and resilience in India’s commercial real estate market. Backed by sustained leasing demand and expansion across key metro cities, the company remains well-positioned to deliver long-term value for investors and stakeholders.

The sector has recorded its highest-ever quarterly investment, with developers leading the inflows, followed closely by Real Estate Investment Trusts (REITs). Furthermore, investments increased 53% quarter-on-quarter from $3.3 billion in Q4 2025, thereby reinforcing sustained momentum and strong institutional participation in India’s property sector.

“India’s record investment inflows underscore the strong confidence of domestic investors and institutional players in the country’s real estate growth story,” said Anshuman Magazine, Chairman and CEO – India, South-East Asia, Middle East & Africa, CBRE, while adding that despite global macroeconomic challenges, India’s resilient economic framework continues to attract deep pools of capital. The sharp rise in REIT activity also reflects a maturing market increasingly focused on institutionalised, yield-generating assets, he said.

During the quarter, built-up office assets and land or development site acquisitions drove the majority of investments, together accounting for over 90% of total equity inflows. As a result, these segments emerged as key growth drivers within the real estate investment landscape.

Domestic investors, particularly developers, dominated the market and contributed 96% of the total inflows. Developers accounted for 42% of the investments, while REITs contributed nearly 40%, thereby showcasing strong domestic capital participation alongside institutional investment vehicles.

Notably, REIT investments crossed $2 billion during the quarter, marking a significant multi-fold increase compared to the previous quarter and forming a substantial portion of overall investments. At the same time, investors allocated a considerable share of capital toward land acquisitions. More than 73% of the funds directed toward site purchases flowed into mixed-use and residential developments, while the remaining investments supported office, warehousing, and hospitality projects.

Gaurav Kumar, Managing Director and Co-Head, Capital Markets, India, CBRE, said investors continue to prefer high-quality office assets, backed by strong domestic institutional participation and foreign capital, particularly through REITs. He said that rising site acquisitions for mixed-use and residential developments highlight a resilient market outlook. Going forward, investment activity is expected to balance income-generating assets with higher-growth opportunities.

Geographically, Bengaluru, Mumbai, and Delhi-NCR collectively accounted for nearly 65% of the total investment activity during the quarter, thereby emerging as key hubs for real estate growth and capital inflows.

Among international investors, Singapore contributed approximately 72% of overseas investments, while Canada accounted for around 27%, highlighting continued global interest in India’s real estate sector. Additionally, the residential segment maintained strong momentum, supported by the launch of new investment and development platforms worth approximately $234 million during the quarter, alongside the primary inflows of $5.1 billion.

Moreover, the introduction of Small and Medium REITs (SM REITs) in 2025 has significantly expanded market access through fractional ownership. As a result, the segment has unlocked a potential monetisation opportunity of ₹670–710 billion. At the same time, Indian REITs have delivered nearly 9% five-year price returns, outperforming several Asian peers while maintaining stable distribution yields of 5–6%.

In addition, operational performance remains robust, with portfolio occupancy levels consistently exceeding 90%. Global tenants across sectors such as technology, BFSI, and consulting drive this strong demand. Furthermore, REITs accounted for over 20% of office leasing in Q2 FY26, supported by healthy re-leasing spreads and steady rental growth.

Since listing, REITs have delivered returns ranging from 12% to over 60%, alongside consistent income distributions. Consequently, tax efficiency continues to enhance their appeal among investors. Regulations mandate the distribution of at least 90% of net cash flows, while more than 65% of these distributions remain tax-exempt, thereby improving post-tax returns.

Looking ahead, the sector holds significant growth potential, with only 32% of REIT-worthy assets currently listed. Additionally, expansion into emerging segments such as logistics, data centres, healthcare, and residential real estate expects to further strengthen the investment landscape.

Notably, the Securities and Exchange Board of India introduced REITs in 2014 to formalise real estate investments by improving liquidity and enabling portfolio diversification. Currently, India has five listed REITs managing over 176 million sq. ft. of space, reflecting steady expansion supported by institutional capital and policy reforms.

Meanwhile, EXCELERATE 2026 brought together global and domestic stakeholders to discuss investment strategies, emerging asset classes, and the future of real estate financing in India. As a result, the event reinforced the sector’s growing role as a global investment destination.

India’s REIT market is entering a high-growth phase, with regulatory clarity, strong asset performance, and increasing investor participation driving this momentum. As new segments open up and accessibility improves, REITs will play a pivotal role in shaping the future of real estate investment in India.