India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

UrbanVault has expanded into Chennai with 1,00,000 sq ft of flexible workspace across three properties, taking its national portfolio beyond 3 million sq ft. The move comes amid strong sector growth, driven by enterprise demand and new workspace formats, with major operators posting higher revenues in Q1 FY27.
READ MORE
Smartworks plans to invest ₹550-600 crore in FY27 across existing and upcoming centres as demand for managed office space rises. The company has already signed over 3.5 million sq. ft. of future space. Strong enterprise demand, growing GCC business and long-term contracts support its expansion strategy.
READ MORE
India’s flexible office inventory has crossed 110 million sq. ft., more than tripling since 2020. GCCs drove 44% of Q1 2026 office leasing, while 67% plan to increase flex adoption. Bengaluru leads the market, and AI could create another 79 million sq. ft. of office demand by 2030.
READ MORE
Foreign BFSI companies drove India’s GCC office leasing to a record 7.32 million sq. ft. in H1 2026. The sector accounted for 36% of total GCC leasing across eight cities. Meanwhile, demand in IT-ITeS and manufacturing moderated, highlighting a broader shift toward a more diversified GCC ecosystem.
READ MORE