Bioras Pharma Clinches a Game-Changing 1 Crore Deal with ANGELS on aha Nenu Super Woman!

• ANGELS has invested a staggering 1.65 crores in the 2^nd week of the show -

Hyderabad, 31^st July: Setting ablaze the hearts and minds of viewers across the Telugu states, aha Nenu Super Woman has emerged as a captivating force, sparking passionate conversations among diverse audiences. This groundbreaking show, in a momentous collaboration with WeHub, has brought together visionary ANGELS - Sudhakar Reddy, Dr Sindhura Narayana, Sridhar Gadhi, Rohit Chennamaneni, and Renuka Bodla, who collectively invested a staggering 1.65 crores in the innovative startup ventures of four exceptional women entrepreneurs in the second week.

Premiering on aha from 21st July, Nenu Super Woman has become a beacon of inspiration, fostering dreams and empowering aspiring women entrepreneurs. The show's resounding success has witnessed a remarkable 3 crores (1^st and 2^nd week) of investment from the ANGELS, a testament to their unwavering belief in the power of women-led businesses.

Chetana Priyanka - Forward Parcel: - When Chetana moved from India to the UK after her marriage, she longed for the taste of avakaya pickle and yearned for various things from her homeland that had now become necessities in this new and unfamiliar country. This longing inspired her to take a bold step and create Forward Parcel, a pioneering parcel forwarding service in India that delivers goods and products from India to anywhere in the world. Founded in 2019, the startup provides efficient shipping solutions and offers 30 days of free storage time, takes care of all paperwork and packaging needs, and helps customers save up to 50% compared to other channels. Seeking Rs 50 lakhs for 5% equity, Chetana caught the attention of the ANGELS, while Sudhakar Reddy and Renuka Bodla extended their mentorship to guide the company on its path to success while the rest has taken a step back.

Rachana Tripathi – Founder of Bioras Pharma: - Meet Rachana, a brilliant scientist turned entrepreneur who hails from CCMB, Hyderabad, and is driven by a vision to make affordable testing accessible to every corner of the country. Alongside her partner Shishir, she has developed groundbreaking biochemical parameter devices that harness the power of AI and biochemistry. Rachana firmly believes in the mantra "prevention is better than cure," emphasizing the importance of investing in testing for early detection and proactive healthcare measures. Their innovative devices have garnered attention and interest from ANGELS. In a spirited negotiation, Rachana initially sought an investment of Rs 1 crore for a 2% equity stake. Rohit Chennamaneni and Dr Sindhura Narayana, recognizing the venture's potential, offered Rs 50 lakh for the same equity. After intense discussions, they eventually agreed on a mutually beneficial investment of Rs 1 crore on a 50% discounted equity.

Amrutha Varshini - Founder of Doggy Ville: Amrutha Varshini, a true dog lover, transformed her passion for dogs into a thriving business by establishing a dog care centre that offers cage and leash-free boarding, daycare, grooming, and behavior therapy services. Operating in multiple locations, including Hafeezpet, Manikonda, and Gachibowli, her venture provides a safe and joyful space for beloved dog companions. Initially seeking 80 Lakhs for a 20% equity stake, Amrutha faced some doubts from investors about the scalability of her business. However, Sridhar Gadhi, a fellow dog enthusiast, recognized its potential and offered 25 Lakhs for a 10% equity stake, which Amrutha accepted.

Sridevi - Founder of Tummy Friendly Foods: Delving into culinary and nutrition innovation, Sridevi, a remarkable ex-software developer and a devoted mother, has crafted a noteworthy venture - Tummy Friendly Foods. Designed to revolutionize children's nutrition, her enterprise offers various organic and complete food options. Boasting an astounding customer base of 1 lakh, stretching beyond the borders of India, Sridevi's dedication to providing top-notch nourishment knows no bounds. In her quest for expansion and broader impact, Sridevi set forth her vision, humbly requesting 50 lakhs for a 5% equity share. Captivated by her passion and inspired by her potential, Renuka Bodla and Sudhakar Reddy entered the arena with two distinct offers. After spirited negotiations, a harmonious agreement was forged at 40 lakhs for a 8% equity stake, forging a formidable partnership between Sridevi, Renuka Bodla, and Sudhakar Reddy. Together, they journeyed to redefine children's nutrition and create a healthier, happier generation.

aha Nenu Super Woman continues to make waves, inspiring audiences and demonstrating the transformative potential of women-led startups. The show celebrates women's fearless spirit and unparalleled contributions to the entrepreneurial ecosystem.

• Do not miss to watch the 5^th and 6^th episodes on Nenu Super Woman on 4^th and 5^th August only on aha -

Pune’s flex space stock expected to cross 8 msf by 2025, to account for 10% of the city’s office stock

· Pune’s flex stock rose 4X since 2018 and currently stands at 5.4 mn sq ft as of June 2023

· Pune has the highest flex space penetration Pan India at 8.3%, followed by Bengaluru at 7.3%

· Technology sector remains the top occupier of Pune’s flex space, accounted 43% share in total seat uptake during 2020-H1 2023

· Baner-Balewadi and CBD hold 75% of the total flex stock in Pune; Viman Nagar and Kharadi to see increased traction

Pune, 31 July 2023: Driven by healthy investment and robust demand from Technology & other mainstream sectors, Pune’s flex space stock is expected to cross 8 million sq feet by 2025, accounting for 10% of the total office stock of the city, according to Colliers’ latest report ‘Pune – Tech-tonic shift to flex’. Pune’s flex space market has seen significant growth during the last five years, led by a burgeoning young population, presence of large tech corporates, and proliferation of numerous startups. Occupiers’ hybrid workstyles have further accelerated the demand for flex spaces in the city, especially post pandemic. Since 2018, Pune’s flex stock has witnessed a four-fold rise and currently stands at 5.4 million sq feet as of June 2023. This translates to 8.3% of the total Grade A office space of the city, the highest across the top 6 cities. While Bengaluru remains the largest flex space market Pan India in terms of size of flex stock, Pune has surpassed Bengaluru in flex space penetration, at 8.3%.

City-wise flex space penetration as of Q2 2023 (%)

City	Flex space penetration*
Pune	8.30%
Bengaluru	7.3%
Hyderabad	6.10%
Mumbai	5.30%
Delhi NCR	5.5%
Chennai	3.6%
Pan India	6.1%

Source: Colliers

Note: Data pertains to Grade A buildings

*Flex space penetration pertains to the share of flex stock in total Grade A office stock of the city

Flex spaces have been at the forefront in enabling new workspace models such as Flex + Core, distributed workplace strategy and Hybrid working for occupiers, and have become an integral part of occupiers’ portfolio. At an all-India level, share of flex space in occupiers’ portfolio has risen, from 5-8% in 2019, to 10-12% in 2023.

To meet the burgeoning demand from occupiers, top operators in the city have expanded rapidly over the last five years, with annual space uptake rising multi-fold each year. During 2022, flex space operators leased 1.77 million sq feet of office space, accounting for 35% of the total leasing of the city. The first half of 2023 also witnessed robust leasing by the flex space operators at 0.57 million sq feet, about 22% of the total leasing. As a result, flex space stock also witnessed a significant 4X rise, from 1.3 million sq feet in 2018, to 5.4 million sq feet as of June 2023.

Leasing by flex space operators in Pune (mn sq ft)

Year	Area (mn sq ft)
2018	0.32
2019	0.70
2020	0.23
2021	0.82
2022	1.77
H12023	0.57

Source: Colliers

Note: Data pertains to Grade A buildings

“Pune has emerged as one of the popular top flex space destinations Pan India, registering a significant growth in the last 5 years. Share of Pune in Pan India flex leasing has increased manifold  from 5% in 2018 to 25% in 2022. Flex spaces in the city are also seeing increased occupancy levels, as enterprise outsourcing has become mainstream. As flexibility, scalability, and cost optimization remain ‘table stakes’ for occupiers’ office expansion strategies, flex spaces will continue to gain prominence in the city. A greater focus on flight to quality, increased customization and amenitization would  further provide a business case for a rental upside.”  says Animesh Tripathi, Managing Director, Pune, Colliers India

Technology – the largest occupier of flex space

As majority of Technology occupiers have adopted ‘Hybrid work model’ as a long term strategy, flex spaces have become an integral part of Tech occupiers’ real estate portfolio. Technology sector remained the top occupier of flex space, and contributed to 43% of the total seat uptake during 2020-H1 2023, followed by Engineering & Manufacturing at 27% share. As hybrid working is expected to remain a  mainstay for Technology occupiers, they will continue to lead flex space demand in the city.

“Flex spaces have seen remarkable growth in Pune in the last 5 years with its share in the city’s office stock growing from 2.8% in 2018, to 8.3% as of June 2023. Led by rising demand from Technology and Engineering & Manufacturing sectors, flex space operators are rapidly expanding their footprints in the city. While smaller operators continue to foray into the space, market continues to remain consolidated with the top 5 operators holding a little more than three-fourth share.. Amidst an evolving business  environment, occupiers will continue to commit towards Grade A operators seeking more scalability options across locations with increased customization.“ said Vimal Nadar, Senior Director and Head of Research, Colliers India

Baner-Balewadi and CBD house 75% of Pune’s flex stock

Pune’s Baner-Balewadi and CBD are amongst the top 10 flex micro-markets Pan India amongst ORR & SBD 1 (Koramangala, CV Raman Nagar, IRR, Indiranagar, and others) in Bengaluru and SBD (Madhapur, HITEC City, Kondapur and Rai Durg) in Hyderabad. As of Q2 2023, Baner-Balewadi accounted for 44% of Pune’s total flex stock followed by CBD at 31%. Kalyani Nagar, Mundhwa and Yerwada are some of the popular flex locations within CBD. Going forward, Viman Nagar and Kharadi also hold significant potential  for flex space expansion in next the 2-3 years due to robust supply pipeline, well-established infrastructure, and the upcoming metro connectivity in the region.

About Colliers

Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 66 countries, our 18,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 28 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of approximately 20% for shareholders. With annual revenues of $4.5 billion and $98 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.

Top 4 actors we would love to see in an Imtiaz Ali's film

A renowned filmmaker who has been garnered with love and appreciation for his distinct storytelling style, Imtiaz Ali has been counted among the top filmmakers with the ability to extract exceptional performances from his actors. Imtiaz Ali has given phenomenal storylines like Highway, Laila Majnu, Jab We Met, Harry Met Sejal, Cocktail and Rockstar. Ali's storyline has helped with a significant impact in the life of various actors. Talking about Rockstar and Highway, these were pivotal films in the careers of Alia Bhatt and Ranbir Kapoor, respectively, and had a significant impact on their trajectories in the film industry. 

Highway marked a turning point for Alia Bhatt's career, showcasing her versatility and acting prowess. Imtiaz Ali's unconventional narrative and Bhatt's raw portrayal of Veera Tripathi garnered critical acclaim and established her as a talent to watch. Rockstar was a career-defining film for Ranbir Kapoor, and all thanks to Imtiaz Ali's intense love story and Kapoor's dedicated portrayal of Jordan. His electrifying performance showcased his versatile acting, cementing his position as one of the finest actors of his generation and paving the way for collaborations with top directors.

Hence we call Imtiaz Ali as a director to drop a storyline for decades, here are the four actors we would love to see in an Imtiaz Ali's distinctive storyline:

Pooja Hegde

Pan India star Pooja Hegde has consistently showcased her acting abilities and charming screen presence, leaving a lasting impression on the audience. Collaborating with Imtiaz Ali, known for his emotionally-driven stories, could unlock a new dimension in Pooja's talent, allowing her to delve deep into complex characters. With her remarkable screen presence and Ali's storytelling prowess, the duo has the potential to deliver a blockbuster that not only captivates the audience but also establishes Hegde as a powerhouse performer in the industry.

Priyanka Chopra

Priyanka Chopra, a global star, has enraptured audiences with her extraordinary performances in both Bollywood and Hollywood. However, she hasn't worked with Imtiaz Ali and if the duo gets together, they can surely bring a brilliant project being masters of their craft. Chopra has the potential to shine in a character that deeply resonates, crafting a cinematic gem that seamlessly merges her captivating charisma with Ali's masterful storytelling.

Kiara Advani

Kiara Advani's compelling performances in emotionally charged roles, such as in Shershaah and Satya Prem Ki Katha, have showcased her ability to portray complex and nuanced characters. This remarkable talent of Advani, combined with Imtiaz Ali's distinctive storytelling, creates the perfect synergy.

Janhvi Kapoor

Janhvi Kapoor has captivated audiences with her performances in various films, displaying her impeccable craft and potential. If she teams up with Imtiaz Ali, known for his distinctive and resonant storylines, Kapoor can delve into a more mature and complex role, delivering a film that combines her magnetic screen presence with Ali's narrative prowess can create a brilliant cinematic experience. 

The thought of witnessing these exceptional actors - Pooja Hegde, Janhvi Kapoor, Priyanka Chopra, and Kiara Advani - collaborating with the visionary filmmaker Imtiaz Ali is truly exhilarating. Their combined talent, coupled with Ali's unique storytelling, promises to deliver cinematic masterpieces that touch the hearts of audiences, leaving an indelible mark on the industry. These collaborations have the potential to redefine storytelling and elevate the art of filmmaking to new heights, making them highly anticipated and eagerly awaited by fans worldwide.

Prithviraj Sukumaran pens a sweet note on wife Supriya Menon’s Birthday.

Prithviraj Sukumaran took to social media to celebrated his wife’s Supriya Menon birthday. Actor-filmmaker Prithviraj Sukumaran does not shy away from showing his affection towards his wife. To celebrate this special day Prithviraj shared a sweet message along with a photo of his lady love.

In his heartwarming note, Prithviraj Sukumaran wrote, Happy Birthday Partner! To happiness and all the dreams you nurture coming true this year!

Link:  https://www.instagram.com/p/CvWLP5zv3u1/?igshid=MzRlODBiNWFlZA==

Prithviraj Sukumaran and Supriya Menon are one of the industry's power couples. Fans and well-wishers flooded the comments section with greetings and blessings for Supriya as soon as the actor posted. 

On the work front Prithviraj Sukumaran will next be seen in Salaar followed by Bade Miyan Chote Miyan.

C20 Summit Inaugurated in Jaipur

●       Shri Rajnath Singh, Hon’ble Minister of Defence, Govt. of India, graced the occasion with his presence, among other dignitaries

●       The three-day event would present policy recommendations developed by 16 Working Groups of C20

JAIPUR / July 30, 2023: The Summit of Civil 20 (C20), one of the official Engagement Groups of the G20, has been inaugurated at Jaipur. More than 700 delegates from India and around the world are participating in the three-day event.

Dignitaries present during the inaugural ceremony included Shri Rajnath Singh, Hon’ble Minister of Defence, Govt. of India; Smt. Shakuntala Rawat, Hon’ble Minister of Industry, State Enterprises & Devasthan, Govt. of Rajasthan; Amma, Sri Mata Amritanandamayi Devi, Chair, C20; Sri M, Core Committee Member, C20; Shri Vijay Nambiar, Sherpa C20 India, Former UN Secretary General's Special Advisor on Myanmar; and H.E. Mr. Federico Salas Lotfe, Ambassador, Embassy of Mexico; Swami Amritaswarupananda Puri, Troika, C20 & Vice Chairman Mata Amritanandamayi Math; Ms. Nivedita Bhide, C20 Core Committee; Shri Chandra Prakash Joshi, Member of Parliament; Sri Joginder Singh Awana, MLA; Shombi Sharp, UN Resident Coordinator; Dr. Vinay Sahasrabuddhe, Sous-sherpa C20 India; Shri Ah Maftuchan, Sherpa C20, Indonesia; Shri Niklaus Gugher, Member of the National Council (Switzerland); and Shri Abhay Thakur, G20 Sous Sherpa.

The main highlights of the Jaipur C20 summit is the release of the C20 Policy Pack and the C20 Communique — C20’s policy recommendations developed by 16 Working Groups after extensive discussions with civil-society organisations and policymakers worldwide. These important documents will be handed over to the G20 Secretariat.

Addressing the delegates at the inaugural program, Shri Rajnath Singh, Hon’ble Minister of Defence, Govt. of India, said: “India assuming the presidency of G20 has presented us a historic opportunity to address global challenges through discussion and dialogue. Hopefully, we can also come up with a response to them. Based on the philosophy of Vasudhaiva Kutumbakam and worshipping various manifestations of nature, the Indian civilization doesn’t believe in ‘othering’ anyone based on parameters like race or religion. We have never seen others as different from ourselves. The ancient Indian concept of ‘as is the microcosm, so is the macrocosm’ has great significance in a world facing drastic climate change and environmental degradation due to mankind’s insatiable greed. The approach of ‘one world, one family’ provides a much better way to live our lives and design our socio-economic structures.”

 

Shri Rajnath Singh added: “Civil society organizations have been an intrinsic part of Indian history for thousands of years. They played a significant role in shaping the socio-cultural and political fabric of our society. While kings upheld the rule of law or dharma, civil society groups were instrumental in operationalizing its ideals in the society. Structures like Buddhist Sanghas, merchant guilds, temples and ashrams fostered a sense of unity and harmony among people and participated in social affairs, assisting the king in the business of governance. Civil society organizations are essential for functioning of a democracy as they enable citizens to engage in dialogue and cooperative efforts to achieve national objectives. They are not antithetical but complementary to the state apparatus. Many of the Indian Government’s landmark socio-economic initiatives have been supported by their herculean efforts.”

Shri Rajnath Singh added: “There is a healthy growth of civil society organizations across the globe, and they are positively impacting policy making in various areas. Even though they complement the government, the functioning of the two is vastly different. The Government apparatus is more rigidly organized and institutionalized. It cannot act in a hasty manner on novel, untested ideas, otherwise chaos and instability may injure the social wellbeing. This is where civil society groups can play a significant role due to their fluid, informal and nimble-footed structures which provide a huge scope for new ideas and processes to play out in the society. Civil society organizations act as incubators for new practices which can be scaled up from the micro to macro level by the Government. We have many examples in this regard like the provision of mid-day meal to school students.”

He added: “Comparative advantages of civil society groups and traditional government structures can be harnessed for the overall progress of the society. The former can act as force multipliers for the government. Their efforts for the betterment of the vulnerable groups have significantly altered the social and economic landscape of India in a very positive measure. There is no better example of this than Amma, Sri Mata Amritanandamayi Devi herself.”

Said Amma, Sri Mata Amritanandamayi Devi, Chair, C20: “On this momentous occasion, we, the C20 team—with all the 16 Working Groups—feel happy and content because we know we have done our part with utmost sincerity, love, and dedication. The team worked day-in/day-out to explore, gather the necessary information, research, polish, and finetune the grassroots-level problems of people. We conducted hundreds of conferences and events to create the much-needed awareness. A total of 200,000 people from around the world participated in our online, hybrid, and physical discussions, seminars, and conferences. Perhaps, C20 India can claim credit for bringing in the largest number of participants and conferences in the history of C20 since its inception 10 years ago. Together with all the 16 Working Groups, we were able to create awareness about the need to embrace a more compassionate approach in all areas of life and were able to effortlessly incorporate the aspect of compassion into all its activities.”

Said Shri Vijay Nambiar, Sherpa C20 India, Former UN Secretary General's Special Advisor on Myanmar: “During the past eight months, more than 1,000 meetings have been held across 60 cities in India and abroad under the aegis of C20, attended by over 184,000 people covering 74 nationalities. The 16 Working Groups of C20 have proposed a wide array of policy recommendations on each of their thematic areas. They have also come up with specific examples of successful work that has already been done by civil-society organisations in each area of focus which could be replicated elsewhere in the world.”

He added: “Civil society organizations are both the bridge and the moral compass that transcend the state and prevent it from atomizing society. They enhance public accountability by making the state more responsive with more inclusive development policies through building a larger consensus on social goals. India has been highlighting the major issues facing the global community in the present fragile global environment. The C20 has also been playing a big role in this direction. The civil society calls on the UN and the G20 to take bold action, including through substantial financial commitments, to help achieve the critical Sustainable Development Goals. Civil society around the world should have sufficient space to play a fitting role in the implementation of this agenda.”

The G20 (Group of 20) is a forum comprising 19 countries and the European Union. It works to address major issues related to the global economy. C20 provides a platform for Civil Society Organizations (CSO) around the world to voice people’s aspirations to the world leaders in G20.

Amma, Sri Mata Amritanandamayi Devi, is the Chair of C20.

मुंबई में हो रहे हैं सारेगामापा २०२३ के ऑडिशन २९ जुलाई २०२३ को

मुंबई सारेगामापा २०२३ ऑडिशन

ऑडिशन दिनांक - २९ जुलाई २०२३

समय - सुबह ८ बजे से

नाहर इंटरनेशनल स्कूल, नाहर अमृत शक्ति रोड, डीपी रोड नंबर 2, चांदिवली, पवई, मुंबई - ४०००७२.

पहली बार ‘सिंगर ऑफ़ द वीक’ को मिलेगा ज़ी म्यूज़िक कंपनी के साथ अपना ओरिजिनल गाना रिलीज़ करने का सुनहरा मौका

पिछले तीस वर्षों से ज़ी टीवी ने दर्शकों को अंताक्षरी, सारेगामापा, डांस इंडिया डांस और इंडियाज़ बेस्ट ड्रामेबाज़ जैसे घरेलू नॉन-फिक्शन फॉर्मेट दिए, जो न सिर्फ बेहद पॉपुलर टैलेंट-बेस्ड रियलिटी फ्रेंचाइज़ी बन गए, बल्कि आज भी चर्चित हैं और दर्शकों के दिलों में बसे हुए हैं। पिछले साल सारेगामापा लिटिल चैंप्स की जोरदार सफलता के बाद अब ज़ी टीवी का आइकाॅनिक सिंगिंग रियलिटी शो सारेगामापा एक बार फिर देश के उभरते सिंगर्स को अपनी मधुर आवाज सुनाने और संगीत की दुनिया में करियर बनाने का मौका दे रहा है।

सारेगामापा २०२३ के ऑन -ग्राउंड ऑडिशन शनिवार, २९ जुलाई को मुंबई शहर में हो रहे हैं। तो यदि आप १५ साल या इससे ज्यादा की उम्र के हैं, तो ये मौका आपका है। ऑनलाइन ऑडिशन पहले ही शुरू हो चुके हैं और आपको सिर्फ ज़ी5 ऐप डाउनलोड करके संबंधित बैनर पर क्लिक करके अपनी एंट्रीज़ भेजनी है।

सभी उभरते सिंगर्स के लिए एक और खास खबर यह है कि सिंगिंग रियलिटी टेलीविजन के इतिहास में पहली बार ज़ी टीवी इस सीज़न के कंटेस्टेंट्स को चुनने की प्रक्रिया में दर्शकों को भी शामिल कर रहा है। आखिर टैलेंट को पहचानना भी एक टैलेंट है! ज़ी टीवी अपने दर्शकों से नए सिंगिंग सेंसेशन को खोजने की अपील कर रहा है और उन्हें राॅ टैलेंट की खोज करने और उन्हें सारेगामापा में हिस्सा लेने का मौका देने के लिए चैनल से उन कंटेस्टेंट्स की सिफारिश करने का विशेष अधिकार दे रहा है। आगे इस सीज़न में यह शो असाधारण रूप से टैलेंटेड कंटेस्टेंट्स को एक शानदार मौका भी देगा। इसमें हर ‘सिंगर ऑफ़ दवीक’ को ज़ी म्यूज़िक कंपनी के साथ मिलकर अपना खुद का ओरिजिनल गाना रिलीज़ करने का सुनहरा मौका मिलेगा। लेकिन सिर्फ इतना ही नहीं, ज़ी टीवी इस शो के साथ पहली बार पेपरलैस प्रक्रिया अपनाकर एक अभूतपूर्व कोशिश करने जा रहा है। इस साल आॅडिशंस में और पूरे शो के दौरान पेपर का इस्तेमाल नहीं किया जाएगा, जो कि रियलिटी टेलीविजन के इतिहास में इस चैनल द्वारा उठाया गया अपनी तरह का पहला, जिम्मेदार और इको-फ्रेंडली कदम है।

जहां गुवाहाटी, कोलकाता, बेंगलुरु, लखनऊ, चंडीगढ़, जयपुर, दिल्ली, वडोदरा और पुणे में संपन्न हो चुके हैं, अभी ज़ी टीवीने मुंबई में भी ऑन-ग्राउंड ऑडिशन आयोजित किए है। तो यदि आपको लगता है कि आप गानों के दीवाने हैं और आप दुनिया को अपना टैलेंट दिखाना चाहते हैं, तो अब वक्त आ गया है कि आप ऑडिशन के लिए अपने नज़दीकी शहर पहुंचे और इस भव्य रियलिटी शो का हिस्सा बनें!

सारेगामापा २०२३ का प्रीमियर जल्द होने जा रहा है ज़ी टीवी पर!

Pune’s flex space stock expected to cross 8 msf by 2025, to account for 10% of the city’s office stock

· Pune’s flex stock rose 4X since 2018 and currently stands at 5.4 mn sq ft as of June 2023

· Pune has the highest flex space penetration Pan India at 8.3%, followed by Bengaluru at 7.3%

· Technology sector remains the top occupier of Pune’s flex space, accounted 43% share in total seat uptake during 2020-H1 2023

· Baner-Balewadi and CBD hold 75% of the total flex stock in Pune; Viman Nagar and Kharadi to see increased traction

Pune, 31 July 2023: Driven by healthy investment and robust demand from Technology & other mainstream sectors, Pune’s flex space stock is expected to cross 8 million sq feet by 2025, accounting for 10% of the total office stock of the city, according to Colliers’ latest report ‘Pune – Tech-tonic shift to flex’. Pune’s flex space market has seen significant growth during the last five years, led by a burgeoning young population, presence of large tech corporates, and proliferation of numerous startups. Occupiers’ hybrid workstyles have further accelerated the demand for flex spaces in the city, especially post pandemic. Since 2018, Pune’s flex stock has witnessed a four-fold rise and currently stands at 5.4 million sq feet as of June 2023. This translates to 8.3% of the total Grade A office space of the city, the highest across the top 6 cities. While Bengaluru remains the largest flex space market Pan India in terms of size of flex stock, Pune has surpassed Bengaluru in flex space penetration, at 8.3%.

City-wise flex space penetration as of Q2 2023 (%)

City	Flex space penetration*
Pune	8.30%
Bengaluru	7.3%
Hyderabad	6.10%
Mumbai	5.30%
Delhi NCR	5.5%
Chennai	3.6%
Pan India	6.1%

Source: Colliers

Note: Data pertains to Grade A buildings

*Flex space penetration pertains to the share of flex stock in total Grade A office stock of the city

Flex spaces have been at the forefront in enabling new workspace models such as Flex + Core, distributed workplace strategy and Hybrid working for occupiers, and have become an integral part of occupiers’ portfolio. At an all-India level, share of flex space in occupiers’ portfolio has risen, from 5-8% in 2019, to 10-12% in 2023.

 

To meet the burgeoning demand from occupiers, top operators in the city have expanded rapidly over the last five years, with annual space uptake rising multi-fold each year. During 2022, flex space operators leased 1.77 million sq feet of office space, accounting for 35% of the total leasing of the city. The first half of 2023 also witnessed robust leasing by the flex space operators at 0.57 million sq feet, about 22% of the total leasing. As a result, flex space stock also witnessed a significant 4X rise, from 1.3 million sq feet in 2018, to 5.4 million sq feet as of June 2023.

Leasing by flex space operators in Pune (mn sq ft)

Year	Area (mn sq ft)
2018	0.32
2019	0.70
2020	0.23
2021	0.82
2022	1.77
H12023	0.57

Source: Colliers

Note: Data pertains to Grade A buildings

“Pune has emerged as one of the popular top flex space destinations Pan India, registering a significant growth in the last 5 years. Share of Pune in Pan India flex leasing has increased manifold  from 5% in 2018 to 25% in 2022. Flex spaces in the city are also seeing increased occupancy levels, as enterprise outsourcing has become mainstream. As flexibility, scalability, and cost optimization remain ‘table stakes’ for occupiers’ office expansion strategies, flex spaces will continue to gain prominence in the city. A greater focus on flight to quality, increased customization and amenitization would  further provide a business case for a rental upside.”  says Animesh Tripathi, Managing Director, Pune, Colliers India

Technology – the largest occupier of flex space

As majority of Technology occupiers have adopted ‘Hybrid work model’ as a long term strategy, flex spaces have become an integral part of Tech occupiers’ real estate portfolio. Technology sector remained the top occupier of flex space, and contributed to 43% of the total seat uptake during 2020-H1 2023, followed by Engineering & Manufacturing at 27% share. As hybrid working is expected to remain a  mainstay for Technology occupiers, they will continue to lead flex space demand in the city.

“Flex spaces have seen remarkable growth in Pune in the last 5 years with its share in the city’s office stock growing from 2.8% in 2018, to 8.3% as of June 2023. Led by rising demand from Technology and Engineering & Manufacturing sectors, flex space operators are rapidly expanding their footprints in the city. While smaller operators continue to foray into the space, market continues to remain consolidated with the top 5 operators holding a little more than three-fourth share.. Amidst an evolving business  environment, occupiers will continue to commit towards Grade A operators seeking more scalability options across locations with increased customization.“ said Vimal Nadar, Senior Director and Head of Research, Colliers India

Baner-Balewadi and CBD house 75% of Pune’s flex stock

Pune’s Baner-Balewadi and CBD are amongst the top 10 flex micro-markets Pan India amongst ORR & SBD 1 (Koramangala, CV Raman Nagar, IRR, Indiranagar, and others) in Bengaluru and SBD (Madhapur, HITEC City, Kondapur and Rai Durg) in Hyderabad. As of Q2 2023, Baner-Balewadi accounted for 44% of Pune’s total flex stock followed by CBD at 31%. Kalyani Nagar, Mundhwa and Yerwada are some of the popular flex locations within CBD. Going forward, Viman Nagar and Kharadi also hold significant potential  for flex space expansion in next the 2-3 years due to robust supply pipeline, well-established infrastructure, and the upcoming metro connectivity in the region.

About Colliers

Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 66 countries, our 18,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 28 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of approximately 20% for shareholders. With annual revenues of $4.5 billion and $98 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.