The relocation is aimed at reducing costs and will involve vacating 500,000 square feet of office space across 18 floors at the WTC, which is owned by Brigade Enterprises Ltd.
The rent at the new location, a property owned by the Sattva Group, is reportedly less than one-third of the Rs 250 per square foot Amazon pays at WTC.
The shift is expected to begin in April 2025 and conclude by April 2026. The new office is located about 20 kilometres from WTC and is around a 15-minute drive from Bengaluru Airport, depending on traffic. However, the area currently lacks metro rail connectivity, which could pose challenges for commuting.
Denne historien er fra December 2024-utgaven av Commercial Design.
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Denne historien er fra December 2024-utgaven av Commercial Design.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
WORKING TOGETHER
Professor Louise Valentine, Head of the Design School at Heriot-Watt University, on the importance of inclusive design in the workplace
WHERE CREATIVITY WORKS
Alhad Gore of Beyond Design Architects & Consultants brings his architectural expertise to life in the new office for Atul Patel Architects, blending functionality with creative flair to craft a workspace that inspires innovation and collaboration
FACILITATE INTELLIGENCE
How AI is redefining the future of facility management
DESIGNING A BETTER FUTURE
How inclusive office designs are shaping the modern workspace
ADDED VALUE
Is a good project manager the secret to success for a complex commercial design project?
RECOGNISING EXCELLENCE ACROSS THE SPECTRUM
The Grand Jury Meet of the third edition of Commercial Design Awards, a cornerstone event in India’s commercial design landscape, unfolded amidst the awe-inspiring expanse of the Welspun Global Carpet Plant in Hyderabad.
A VISION FOR 'TOTAL BUSINESS ECOSYSTEMS'
Jitu Virwani, Chairman and Managing Director of Embassy Group, redefines India's commercial real estate landscape by pioneering integrated, future-ready, and sustainable business ecosystems.
AWFIS TO DESIGN, MANAGE 165K SQ FT OFFICE SPACE FOR NSE IN MUMBAI
Awfis Space Solutions Limited on Tuesday said it will design and manage 1.65 lakh square feet of office space in Mumbai for the National Stock Exchange.
MACROTECH ACQUIRES 2.8 ACRES IN HINJEWADI
Realty developer Lodha, listed as Macrotech Developers, has acquired a 2.8acre plot of land in Pune's Hinjewadi area from Paranjape Schemes.
EMBASSY OFFICE PARKS REIT APPOINTS RITWIK BHATTACHARJEE AS INTERIM CEO
Embassy Office Parks REIT on Thursday appointed Ritwik Bhattacharjee as its interim Chief Executive Officer (CEO) with immediate effect, following Sebi’s order to suspend its CEO Arvind Maiya.