Blog - Page 5 of 33 - Flex Insights

Awfis Expands to Guwahati, Reports Strong Growth in Flexible Workspace Sector 0
- Industry News
- December 16, 2024
Awfis expands to Guwahati, managing 200 centres with 1.3 lakh seats nationwide. It plans to add 40,000 seats by FY25, reaching 135,000. Recent highlights include a 1.65 lakh sq ft NSE office project in Mumbai and ₹38.67 crore Q2 FY25 profit, marking strong growth in Tier-II cities and beyond.
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Smartworks Secures SEBI Approval for IPO Amid Rapid Expansion 0
- Industry News
- December 16, 2024
Smartworks secures SEBI approval for its IPO, marking a key milestone in its expansion strategy. With 41 centres across 13 Indian cities and a recent entry into Singapore, the company reported ₹10.39 billion in revenue in FY24. Backed by Keppel Ltd., Smartworks plans to invest ₹2.38 billion in future growth.
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91Springboard COO Sameer Singh Discusses the Changing Face of Coworking 0
- Industry News
- December 16, 2024
91Springboard COO Sameer Singh highlights evolving coworking trends, including hybrid work models, enterprise adoption, and demand for holistic experiences. The sector now serves diverse industries like BFSI and GCCs, balancing short-term agility with long-term solutions. 91Springboard remains a leader, offering tailored, community-driven workspaces for businesses at every growth phase.
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TableSpace Sets Bold Target to Triple Suites Portfolio by 2025 0
- Industry News
- December 12, 2024
Table Space plans to triple its Suites portfolio by 2025, expanding to 35 centres with 35,000 seats across 2.2 million sq. ft. Launched in 2024, Suites caters to BFSI, IT, and healthcare sectors, achieving ₹200 crore revenue in nine months. With 90% occupancy, it drives India’s managed workspace growth.
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HDFC Bank Secures 4 Lakh Sq Ft Office Space in Navi Mumbai 0
- Industry News
- December 11, 2024
HDFC Bank leases 4.16 lakh sq ft at Gigaplex, Navi Mumbai, for ₹24 crore annually. The 10-year lease includes 322 parking spaces and a 15% rent escalation every three years. The office, likely for IT/ITES operations, highlights Navi Mumbai’s growing prominence as a hub for Grade-A commercial spaces.
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WeWork India Expands: Hits 1 Lakh Desks Nationwide with New Bengaluru Centre 0
- Industry News
- December 10, 2024
WeWork India achieves a milestone with 1 lakh operational desks nationwide, inaugurating a 1.1 lakh sq ft centre in Bengaluru. Expanding further, it plans new workspaces in Gurugram and Chennai by 2025. With a presence in eight cities, WeWork continues shaping India’s flexible workspace landscape, catering to evolving workforce needs.
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