Boston Scientific has leased more than 1.3 lakh sq ft of office space in Pune’s Wakad for a global capability centre, locking in a nearly 9.5-year term. The arrangement also offers an option for additional expansion, signaling growing investor confidence in Pune’s ability to attract multinationals seeking large campuses and skilled talent.
Adobe has leased 158,000 sq ft of office space at Max Square in Noida, underscoring the city’s rising pull for large tech and corporate tenants. The move comes after AML RightSource’s big lease earlier this year, as Noida’s improving commercial infrastructure and an upcoming international airport fuel demand for “flight to quality” office space.
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Realty firm Concorde has leased 1.4 lakh sq ft of prime office space in Bengaluru to BHIVE Workspaces under a 15-year agreement worth Rs 16 crore annually. The transaction, at Concorde Econex, will help BHIVE add over 3,000 seats and signals rising corporate demand for large, flexible, plug-and-play campuses in major tech hubs.
The Executive Centre is expanding its Mumbai and Pune footprint with roughly 90,000 sq ft of Grade A managed workspace across three new locations. The move targets growing corporate demand for flexible office setups that can adapt as businesses evolve—offering serviced, high-quality environments without long-term rigidity.
India’s office market is bucking global headwinds with its best-ever first quarter, clocking record leasing volumes. Occupier confidence is being boosted by major tech players, the rise of flexible office solutions, and steady demand from BFSI firms. Bengaluru, Mumbai, and Hyderabad are leading the charge, signaling a strong, sustained revival in commercial real estate.
Welspun Enterprises has leased over 4.5 lakh square feet of office space in Pune’s Hinjewadi IT hub, marking one of the larger office deals in the city this year. The agreement runs for five years, underscoring continuing demand for space in Hinjewadi as companies plan expansions.
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WeWork India has signed a long-term lease for more than 204,000 sq ft of office space in Pune’s Wakad area. The flexible workspace firm will occupy five floors at Phoenix Millennium Tower 3, with monthly rents beginning at ₹73 per sq ft. The deal underscores fast-growing demand for managed workspaces in emerging Pune hubs.
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