Blog - Page 4 of 27 - Flex Insights

Global Capability Centres Drive India’s Coworking Demand in 2024, Reports Knight Frank 0
- 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 Report 0
- 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 India 0
- 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 India 0
- 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 Pune 0
- 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 Estate 0
- 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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