{"id":12718,"date":"2023-12-13T15:22:31","date_gmt":"2023-12-13T09:52:31","guid":{"rendered":"https:\/\/blog.bigproperty.in\/?p=12718"},"modified":"2023-12-13T15:22:32","modified_gmt":"2023-12-13T09:52:32","slug":"cognizant-real-estate-excellence-elevate-your-portfolio-today","status":"publish","type":"post","link":"https:\/\/bigproperty.in\/blog\/cognizant-real-estate-excellence-elevate-your-portfolio-today\/","title":{"rendered":"Cognizant Real Estate Excellence: Elevate Your Portfolio Today"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/bigproperty.in\/blog\/cognizant-real-estate-excellence-elevate-your-portfolio-today\/#Introduction\" >Introduction<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/bigproperty.in\/blog\/cognizant-real-estate-excellence-elevate-your-portfolio-today\/#Latest_Posts\" >Latest Posts<\/a><\/li><\/ul><\/nav><\/div>\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Introduction\"><\/span><strong>Introduction<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The well-known software services company Cognizant Technologies is creating ripples in the business community by selling its office real estate in Hyderabad and Chennai. <\/p>\n\n\n\n<p>This move is part of a broader strategy to cut costs, shift towards being asset-light, and capitalize on non-core real estate, ultimately saving $400 million over two years.<\/p>\n\n\n\n<p><strong>Real Estate Portfolio Reassessment<\/strong><\/p>\n\n\n\n<p>The heart of Cognizant&#8217;s strategy lies in the reassessment of its real estate portfolio. The company is actively working towards optimizing its global workspace, simplifying business operations, and realigning its workforce to adapt to the evolving nature of hybrid work. This involves divesting significant assets, including a 10-acre campus in Gachibowli, Hyderabad, and a 14-acre campus in Siruseri, Chennai.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-text-color has-background\" href=\"https:\/\/play.google.com\/store\/apps\/details?id=bigproperty.in&amp;pcampaignid=web_share\" style=\"border-radius:2px;background-color:#ba0c49;color:#fffffa\"><strong>Download App<\/strong><\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link has-text-color\" href=\"https:\/\/www.whatsapp.com\/channel\/0029VaAUFkA9sBIBN\" style=\"border-radius:2px;color:#ba0c49\"><strong>WhatsApp Channel<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<p><strong>Campus Divestment Details<\/strong><\/p>\n\n\n\n<p>The decision to divest these campuses is not solely about shedding square footage. Cognizant is strategically redistributing its real estate, venturing into tier-2 cities, and embracing a more flexible approach to its office space.<\/p>\n\n\n\n<p><strong>Lease Renegotiation and Downsizing<\/strong><\/p>\n\n\n\n<p>In addition to selling assets, Cognizant is actively renegotiating leases and downsizing assets in various locations. Notable mentions include the vacation of 1.15 million square feet of office space in Chennai, with additional renegotiations in progress in Hyderabad.<\/p>\n\n\n\n<p><strong>Tech Sector&#8217;s Dominance in Indian Office Space<\/strong><\/p>\n\n\n\n<p>Despite the significant share of Indian office space held by the tech sector, it continues to dominate, especially in cities like Bangalore and Hyderabad. The demand is shifting towards global capability centers, financial services, and engineering companies, driven by the adoption of hybrid working models.<\/p>\n\n\n\n<p><strong><em><a href=\"https:\/\/www.bigproperty.in\/\">Real Estate<\/a><\/em> Trends in 2023<\/strong><\/p>\n\n\n\n<p>Insights from the 2023 Real Estate Overview and Outlook by CBRE Group shed light on the evolving trends. The tech sector, constituting around 35% of the demand, is surpassing the 40% mark in cities like Bangalore and Hyderabad. Sectors such as banking, financial services, and insurance (BSFI), along with engineering &amp; manufacturing, are thriving, propelled by government infrastructure spending.<\/p>\n\n\n\n<p><strong>Cognizant&#8217;s Financial Performance<\/strong><\/p>\n\n\n\n<p>However, these strategic moves come against the backdrop of a decline in Cognizant&#8217;s net profit. The company reported a 16.5% decrease to $525 million year-on-year in the July-September quarter. Projections for the fourth quarter indicate a decline of four to 1.2% in constant currency, attributed to furloughs and a lower number of working days.<\/p>\n\n\n\n<p><strong>Conclusion<\/strong><\/p>\n\n\n\n<p>In conclusion, Cognizant Technologies is navigating a complex landscape, balancing real estate restructuring with financial performance. The company&#8217;s commitment to becoming asset-light and embracing a flexible workspace sets the stage for future growth and adaptability in an ever-changing business environment.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Frequently Asked Questions (FAQ\u2019s)<\/strong><\/h3>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1702460363000\"><strong class=\"schema-faq-question\">1Q: How will Cognizant&#8217;s real estate decisions impact its workforce?<\/strong> <p class=\"schema-faq-answer\"><strong><em>Ans:<\/em><\/strong> Cognizant&#8217;s real estate decisions aim to optimize its workforce by redistributing resources and embracing hybrid work models, ensuring adaptability and efficiency<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1702460432980\"><strong class=\"schema-faq-question\">2Q: What are the key factors driving the shift to tier-2 cities?<\/strong> <p class=\"schema-faq-answer\"><strong><em>Ans:<\/em><\/strong> The shift to tier-2 cities is driven by a strategic approach to diversifying real estate, tapping into emerging markets, and potentially reducing operational costs.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1702460491764\"><strong class=\"schema-faq-question\">3Q: How is the tech sector influencing office space trends in India?<\/strong> <p class=\"schema-faq-answer\"><strong><em>Ans:<\/em><\/strong> The tech sector&#8217;s dominance is influencing a shift towards flexible office spaces, with demand continuing to rise, especially in cities like Bangalore and Hyderabad.<\/p> <\/div> <\/div>\n\n\n\n<div class=\"wp-block-group has-background\" style=\"background-color:#b0b4b6\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<h2 class=\"has-text-align-center wp-block-heading\"><span class=\"ez-toc-section\" id=\"Latest_Posts\"><\/span><strong><span class=\"has-inline-color has-vivid-red-color\">Latest Posts<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group has-background\" style=\"background-color:#dcdee0\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\"><ul class=\"wp-block-latest-posts__list is-grid columns-3 wp-block-latest-posts\"><li><div class=\"wp-block-latest-posts__featured-image\"><a href=\"https:\/\/bigproperty.in\/blog\/rental-agreement-rules-india-notice-period-deposit-2026\/\" aria-label=\"Rental Agreement Rules 2026: Notice Period, Security Deposits &amp; Tenant Rights\"><img decoding=\"async\" width=\"300\" height=\"168\" src=\"https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-2-300x168.jpg\" class=\"attachment-medium size-medium wp-post-image\" alt=\"rental agreement rules india\" style=\"\" srcset=\"https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-2-300x168.jpg 300w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-2-768x429.jpg 768w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-2-752x420.jpg 752w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-2-150x84.jpg 150w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-2-696x389.jpg 696w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-2.jpg 1024w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/bigproperty.in\/blog\/rental-agreement-rules-india-notice-period-deposit-2026\/\">Rental Agreement Rules 2026: Notice Period, Security Deposits &amp; Tenant Rights<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image\"><a href=\"https:\/\/bigproperty.in\/blog\/tellapur-vs-kollur-real-estate-investment-comparison-2026\/\" aria-label=\"Tellapur vs. Kollur: Which is the Best Real Estate Investment in 2026?\"><img decoding=\"async\" width=\"300\" height=\"168\" src=\"https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/tellapur-vs-kollur-real-estate-300x168.jpg\" class=\"attachment-medium size-medium wp-post-image\" alt=\"tellapur vs kollur real estate\" style=\"\" srcset=\"https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/tellapur-vs-kollur-real-estate-300x168.jpg 300w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/tellapur-vs-kollur-real-estate-768x429.jpg 768w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/tellapur-vs-kollur-real-estate-752x420.jpg 752w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/tellapur-vs-kollur-real-estate-150x84.jpg 150w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/tellapur-vs-kollur-real-estate-696x389.jpg 696w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/tellapur-vs-kollur-real-estate.jpg 1024w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/bigproperty.in\/blog\/tellapur-vs-kollur-real-estate-investment-comparison-2026\/\">Tellapur vs. Kollur: Which is the Best Real Estate Investment in 2026?<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image\"><a href=\"https:\/\/bigproperty.in\/blog\/low-budget-middle-class-indian-bedroom-design-ideas\/\" aria-label=\"15 Low-Budget Middle Class Indian Bedroom Design Ideas (2026)\"><img decoding=\"async\" width=\"300\" height=\"168\" src=\"https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-1-300x168.jpg\" class=\"attachment-medium size-medium wp-post-image\" alt=\"low budget middle class indian bedroom design\" style=\"\" srcset=\"https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-1-300x168.jpg 300w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-1-768x429.jpg 768w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-1-752x420.jpg 752w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-1-150x84.jpg 150w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-1-696x389.jpg 696w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-1.jpg 1024w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/bigproperty.in\/blog\/low-budget-middle-class-indian-bedroom-design-ideas\/\">15 Low-Budget Middle Class Indian Bedroom Design Ideas (2026)<\/a><\/li>\n<\/ul><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Introduction The well-known software services company Cognizant Technologies is creating ripples in the business community by selling its office real estate in Hyderabad and Chennai. This move is part of a broader strategy to cut costs, shift towards being asset-light, and capitalize on non-core real estate, ultimately saving $400 million over two years. Real Estate [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":12719,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[55],"tags":[3883,3884,3881,3882,3879],"class_list":{"0":"post-12718","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-latest-news-update","8":"tag-cognizant-campus-divestment","9":"tag-cognizant-fourth-quarter-projections","10":"tag-cognizant-office-assets","11":"tag-cognizant-real-estate-restructuring","12":"tag-cognizant-technologies"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cognizant Real Estate Excellence: Elevate Your Portfolio Today<\/title>\n<meta name=\"description\" content=\"Explore a world of possibilities with our Cognizant Real Estate solutions. Discover strategic insights and elevate your investments to new heights.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bigproperty.in\/blog\/cognizant-real-estate-excellence-elevate-your-portfolio-today\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cognizant Real Estate Excellence: Elevate Your Portfolio Today\" \/>\n<meta property=\"og:description\" content=\"Explore a world of possibilities with our Cognizant Real Estate solutions. Discover strategic insights and elevate your investments to new heights.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bigproperty.in\/blog\/cognizant-real-estate-excellence-elevate-your-portfolio-today\/\" \/>\n<meta property=\"og:site_name\" content=\"indias Real estate latest News Updates\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/bigpropertyofficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-13T09:52:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-13T09:52:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2023\/12\/cognizant-technology-solutions-corporation.png\" \/>\n\t<meta property=\"og:image:width\" content=\"759\" \/>\n\t<meta property=\"og:image:height\" content=\"422\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"sai krishna\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/bigproperty.in\\\/blog\\\/cognizant-real-estate-excellence-elevate-your-portfolio-today\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/bigproperty.in\\\/blog\\\/cognizant-real-estate-excellence-elevate-your-portfolio-today\\\/\"},\"author\":{\"name\":\"sai krishna\",\"@id\":\"https:\\\/\\\/bigproperty.in\\\/blog\\\/#\\\/schema\\\/person\\\/c8d91bcc5e68b3665ffe9d23da07b832\"},\"headline\":\"Cognizant Real Estate Excellence: Elevate Your Portfolio Today\",\"datePublished\":\"2023-12-13T09:52:31+00:00\",\"dateModified\":\"2023-12-13T09:52:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/bigproperty.in\\\/blog\\\/cognizant-real-estate-excellence-elevate-your-portfolio-today\\\/\"},\"wordCount\":533,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/bigproperty.in\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/bigproperty.in\\\/blog\\\/cognizant-real-estate-excellence-elevate-your-portfolio-today\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/bigproperty.in\\\/blog\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/cognizant-technology-solutions-corporation.png\",\"keywords\":[\"cognizant Campus divestment\",\"cognizant Fourth quarter projections\",\"cognizant Office assets\",\"cognizant Real estate restructuring\",\"Cognizant Technologies\"],\"articleSection\":[\"Latest News Update\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/bigproperty.in\\\/blog\\\/cognizant-real-estate-excellence-elevate-your-portfolio-today\\\/#respond\"]}]},{\"@type\":[\"WebPage\",\"FAQPage\"],\"@id\":\"https:\\\/\\\/bigproperty.in\\\/blog\\\/cognizant-real-estate-excellence-elevate-your-portfolio-today\\\/\",\"url\":\"https:\\\/\\\/bigproperty.in\\\/blog\\\/cognizant-real-estate-excellence-elevate-your-portfolio-today\\\/\",\"name\":\"Cognizant Real Estate Excellence: Elevate Your Portfolio Today\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/bigproperty.in\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/bigproperty.in\\\/blog\\\/cognizant-real-estate-excellence-elevate-your-portfolio-today\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/bigproperty.in\\\/blog\\\/cognizant-real-estate-excellence-elevate-your-portfolio-today\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/bigproperty.in\\\/blog\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/cognizant-technology-solutions-corporation.png\",\"datePublished\":\"2023-12-13T09:52:31+00:00\",\"dateModified\":\"2023-12-13T09:52:32+00:00\",\"description\":\"Explore a world of possibilities with our Cognizant Real Estate solutions. 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