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Innov8 Plans to Double its Capacity Amidst Rising Demand for Coworking Spaces in India0
- Industry News
- November 7, 2024
Innov8 plans to double its coworking centres across India by 2025, aiming to triple its seating capacity to over 50,000. With demand for flexible workspaces surging, this expansion reflects India’s booming coworking market, projected to reach 126 million square feet by 2028, according to an Avendus report.
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Global Capability Centres Drive India’s Coworking Demand in 2024, Reports Knight Frank0
- Industry News
- November 6, 2024
India’s Global Capability Centres (GCCs) leased nearly 23,000 coworking desks in 2024, driven by cost efficiency and skilled talent. With Bengaluru leading in IT/ITeS sector occupancy, GCC demand for flexible spaces surged. Economic shifts abroad and India’s stable environment further attract multinational firms to coworking solutions.
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India’s Office Space Market Set for Record Growth in 2024, Says Savills Report0
- Industry News
- November 4, 2024
India’s office space market is set for record growth in 2024, with projected absorption to exceed 70 million sq. ft., driven by high demand from IT-BPM, flexible workspaces, and BFSI sectors. Major cities like Bengaluru, Delhi-NCR, and Mumbai lead leasing activity despite slower new completions lowering vacancy rates.
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Festive Season Boosts Demand for Co-Working Spaces Across India0
- Industry News
- November 4, 2024
India’s festive season boosts demand for co-working spaces as companies and freelancers embrace flexible, collaborative environments. Festive promotions and packages drive occupancy, while companies use this high-energy period for team bonding and client events. Co-working providers aim to convert seasonal users into long-term tenants through engaging offers.
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Bollywood Star Shraddha Kapoor Becomes the New Face of Ofis Square, Redefining Coworking in India0
- Industry News
- November 4, 2024
Ofis Square partners with Bollywood star Shraddha Kapoor as its first brand ambassador in India’s coworking sector. With plans to expand 10 million square feet nationwide, Ofis Square aims to mainstream flexible workspaces, targeting entrepreneurs and startups. Kapoor’s endorsement strengthens its vision to lead India’s evolving coworking market.
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India’s Office Rental Market Exceeds Pre-Pandemic Levels, Led by Delhi NCR and Pune0
- Industry News
- November 1, 2024
For the first time since 2019, office rental prices across India’s six largest cities have exceeded pre-pandemic levels, according to a report by Colliers India. The report reveals a steady rise in average office rents, reaching Rs 101.3 per square foot in 2024, up from Rs 99.5 per square foot in 2019. This marks a
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Nextra Developers’ “The Address” to Revolutionize East Delhi’s Commercial Real Estate0
- Industry News
- October 28, 2024
Nextra Developers’ “The Address” in Mayur Vihar Phase 1, New Delhi, offers modern office and retail spaces focusing on sustainability. With prime connectivity, eco-friendly features, and luxury amenities, it’s designed to attract businesses and investors seeking a dynamic commercial hub with long-term growth potential in East Delhi.
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Sara Ali Khan and Amrita Singh Purchase ₹30 Crore Office Spaces in Mumbai’s Andheri West0
- Industry News
- October 24, 2024
Sara Ali Khan and Amrita Singh have purchased three office spaces in Mumbai’s Andheri West for over ₹30 crore. The transactions, registered in 2024, highlight their investment in prime commercial real estate. Mumbai’s property market has seen steady growth, with over 1 lakh registrations contributing ₹8,892 crore to the state exchequer.
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Ratan Tata’s Humility Shines Through in Office Cabin Lottery0
- Industry News
- October 24, 2024
Ratan Tata’s humility was exemplified when he refused preferential treatment for an office cabin at Tata Steel’s Mumbai headquarters, insisting on equal treatment for his colleagues. This decision, settled by a lottery, reflects Tata’s fair leadership style, which guided the Tata Group’s growth and commitment to ethical business practices.
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About Flex Insights
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.
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Vatika towers, Golf course road, Gurgaon
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The BFSI Sector's Strategic Embrace of Flexible Office Spaces
- Leadership
- September 12, 2024
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