Flexinsights.com is a platform aiming at being the go-to place for insights, trends and predictions about coworking and flexible workspaces in India. It aims at connecting individuals, businesses and workspaces to create a fostering environment and to propel growth for the overall coworking and flexible workspaces industry within India.
Chevron Global Technology & Services has leased 300,000 sq ft of office space from RMZ Corporation in Bengaluru for its $1 billion Chevron Engineering and Innovation Excellence Center (ENGINE). This move highlights India’s growing role as a hub for Global Capability Centres (GCCs) and RMZ’s leadership in premium office spaces.
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Ahmedabad recorded a 99% year-on-year growth in small office space sales, with 0.73 million sq ft transacted in H1 2024. Small offices comprised 44% of total transactions, driven by the city’s thriving business environment. Large and mid-sized spaces also saw significant growth, with development plans boosting future demand.
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India’s office space demand reached 46.7 million sq ft in the first nine months of 2024, with Bengaluru and Hyderabad leading the leasing activity. Flex spaces and large enterprises drove the surge, while new supply increased by 33% year over year. The tech and BFSI sectors also contributed significantly to the growth.
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91Springboard expands its presence in Hyderabad with a new 48,000 sq. ft. hub in HITEC City, offering flexible workspace solutions for medium and large businesses. Located in Raheja Commerzone Hetero Tower, this is 91Springboard’s 31st hub in India, providing modern amenities and tailored office spaces to enhance productivity.
READ MOREtheflexinsights.com is a platform aiming at being the go-to place for insights, trends and predictions about coworking and flexible workspaces in India. It aims at connecting individuals, businesses and workspaces to create a fostering environment and to propel growth for the overall coworking and flexible workspaces industry within India.
Vatika towers, Golf course road, Gurgaon
India
