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.
India’s flexible workspace sector is booming, with gross leasing volume (GLV) surging 57.5% YoY to 12.4 million sq. ft. in 2024, as per Cushman & Wakefield. Bengaluru leads the market, followed by Mumbai and Delhi NCR. Rising hybrid work adoption and enterprise demand fuel the sector’s expansion, with 224,000 flex seats leased, a 44% YoY jump.
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Hyderabad’s real estate sector is booming, adding 17 million sq. ft. of Grade A/A+ office space in 2024—the fastest expansion in a year. The housing market saw a 14% drop in unsold inventory and a 17% price rise. Coworking demand surged 26%, solidifying Hyderabad as a commercial hub.
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Awfis Space Solutions Ltd posted a ₹15.17 crore net profit in Q3 FY24, recovering from a ₹6.28 crore loss last year. Revenue jumped 47% to ₹331.46 crore. Since March 2024, Awfis has added 27,000 seats, reaching 1,20,000, with a target of 1,35,000 seats by March 2025.
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Meghna Agarwal, Executive Director and COO of IndiQube, is revolutionizing India’s commercial real estate sector. In nine years, she has expanded IndiQube to 100+ properties across 13 cities, driving revenue to INR 867.6 Cr in FY24. Her leadership has solidified IndiQube’s dominance in flexible workspaces while proving profitability at scale.
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theflexinsights.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
