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Report: National Flex Workspace Brands Could See 25% Price Hike by FY28

NEW DELHI: According to a report by myHQ, national flex workspace brands in India currently have a 19% pricing premium over independent operators, with this gap projected to grow to 25% by FY28. The analysis covered 1,384 coworking centers across 30 cities, utilizing five years of transaction data from over 10,000 companies. National brands such as WeWork, Awfis, Smartworks, 91Springboard, and Innov8 charge a median of ₹8,600 per seat per month from 2021 to 2026, compared to ₹7,200 per seat per month for independent operators in similar areas and quality categories. This results in a ₹1,400 difference per seat per…