Tag: Flexible workspaces

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India’s Flex Office Space Tops 100 Million Sq Ft: IT, GCCs Boost Demand

NEW DELHI: India’s flexible office space has surpassed 100 million sq ft, reaching between 110-114 million sq ft from 2020 to 2025, as per a joint report by CBRE and FICCI. This segment has grown at a compound annual growth rate (CAGR) of 23-25% over the last five years, with total inventory nearly tripling during this period, which underscores the increasing significance of flexible workspaces in the country’s office market. Bengaluru holds the largest share of flexible workspace, with 30–32 million sq ft, followed by Delhi-NCR at 21-23 million sq ft and Pune at 13.6-14.6 million sq ft. The demand…

CommercialLatest Stories

India’s Office Leasing Surpasses 70 Million Sq Ft in 2025

NEW DELHI: India’s office market maintained its growth trajectory in 2025, achieving over 70 million sq ft in Grade A office leasing across the top seven cities for the first time. This surge was fueled by a robust year-end push and sustained confidence from occupiers, as reported by Colliers India. During the year, total office leasing reached around 71.5 million sq ft, reflecting a 6% increase from the previous year. The final quarter was particularly significant, with quarterly demand surpassing 20 million sq ft, a 20% rise from the previous quarter, driven by substantial deal closures and expansion efforts. Bengaluru…

CommercialLatest Stories

WeWork India Leases 200K sq ft Office in Pune and Chennai

NEW DELHI: WeWork India Management has finalized leases for two new locations: WeWork EON Free Zone in Pune and WeWork Ramanujan Intellion Park in Chennai. The Chennai office occupies three floors within the Littlewood Tower, covering a total area of 150,000 sq ft and accommodating 2,400 desks. In Pune, WeWork has partnered with Panchshil Realty to acquire two floors of workspace spanning 60,000 sq ft, which will house 1,000 desks. Both locations are expected to open in the latter half of FY25. Published On Jun 12, 2025 at 12:30 PM IST Join a community of over 2 million industry professionals.…