Iconic but rundown movie theatres, out-of-business amusement-cum-convention centres and historic buildings in the country are getting a snazzy makeover.
This effort of converting many old buildings into office spaces is being undertaken by global co-working giant WeWork. From the famed Galaxy Theatre, which was the first operational air-conditioned and 70 millimetre theatre in India, to 32nd Milestone, the yesteryear go-carting and arcade games hotspot in Gurgaon, and old office complexes such as Bandbox House in Mumbai are all getting converted into new age offices.
According to industry experts, such buildings mostly situated in the heart of the central business district