Blog - Page 12 of 27 - Flex Insights

Domestic Firms Set to Lead Office Space Leasing with 60-65 Million Sq Ft by 2024-25 0
- Industry News
- September 25, 2024
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.
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315Work Avenue Expands in Pune with 56,000 Sq Ft Lease in IT Hub 0
- Industry News
- September 24, 2024
315Work Avenue has expanded its presence in Pune by leasing an additional 56,000 sq ft at International Tech Park Pune, Kharadi, bringing its total space to 1 lakh sq ft. The coworking provider now operates six centres in Pune and plans further expansion into markets like Delhi NCR and Hyderabad.
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Table Space Expands in Bengaluru with ₹500 Crore Office Space Acquisition 0
- Industry News
- September 23, 2024
TableSpace has acquired 5 lakh square feet of office space in Bengaluru’s Whitefield for ₹500 crore, marking its second major property purchase. This expansion strengthens the company’s leadership in enterprise-managed workspace solutions. Post-pandemic demand for flexible office spaces drives the company’s rapid growth in key markets like Bengaluru.
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Awfis Expands Footprint with New Coworking Centre in Ahmedabad’s GIFT City 0
- Industry News
- September 23, 2024
Awfis has opened a new 30,221 sq ft coworking centre in GIFT City, Gandhinagar, expanding its total offering in Ahmedabad to 83,500 sq ft. With plans to add 40,000 new seats nationwide by year-end, Awfis is positioning itself as a key player in India’s growing flexible workspace market.
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GCCs to Drive Major Growth in India’s Grade A Office Space Demand 0
- Industry News
- September 23, 2024
Global Capability Centres (GCCs) will drive nearly 40% of India’s Grade A office space demand over the next three years. Sectors like engineering, manufacturing, and BFSI will see a 35% growth in leasing. Flex spaces will expand into new regions, with demand surging in major cities and emerging markets.
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India’s Office Market Embraces Flex Spaces for the Future 0
- Industry News
- September 23, 2024
A new report reveals that over 80% of Indian office occupiers plan to adopt flexible office spaces. Key drivers include cost efficiency, hybrid work models, and enterprise-grade amenities. Flex spaces are increasingly used for core operations, with longer lease commitments expected. Prime locations remain a priority for businesses.
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