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.
BHIVE appoints Venkatesh Shenoy as Chief Operating Officer (COO) to lead its managed office and coworking operations. With 18 years of experience in operations and supply chain management, Shenoy will focus on scaling operations and expanding BHIVE’s footprint to become India’s top real estate company.
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India’s commercial real estate saw a 54% year-on-year increase in large office space leasing in H1 2024, driven by corporate expansion and Global Capability Centres (GCCs). Bengaluru led with 4.5 million sq ft leased. Mid-sized office spaces grew by 70%, and flexible workspaces remain crucial for IT and startups.
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Morgan Stanley has secured a 1.1 million sq ft office space lease in Mumbai’s Oberoi Commerz III for ₹2,122 crore, marking India’s largest office lease deal this year. The nearly 10-year agreement reflects the growing demand for large-scale premium workspaces in India’s commercial real estate market.
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Domestic firms are projected to lease 60-65 million sq ft of office space by 2024-25, driven by government initiatives, a robust banking sector, and a booming startup ecosystem. Key sectors include flexible space operators, BFSI, and technology. Flexible workspaces are expected to expand, with 80 million sq ft by 2024.
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
