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Awfis Space Solutions: IIFL’s Top Bet in Flexible Workspaces 0
- Industry News
- November 28, 2024
Awfis Space Solutions, India’s leading flexible workspace provider, is set to double its capacity by FY27, driven by strong demand and its innovative managed aggregation model. With a ‘buy’ rating from IIFL Securities, Awfis projects a 33% CAGR in seat additions and 55% EBITDA growth, solidifying its leadership in the booming flex workspace industry.
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BFSI and Flex Spaces Propel India’s Office Space Demand in Q3 FY24 0
- Industry News
- November 28, 2024
BFSI and flex spaces drove 39% of India’s office space absorption in Q3 FY24, while IT-ITeS demand declined. Southern cities dominated, with Bengaluru leading at 36%. Pan-India vacancy dropped to 14.8%, and new completions rose 3%. Hyderabad topped new supply, reflecting robust growth amid evolving workspace trends and economic resilience.
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The Evolution of Coworking Spaces | Empowering India’s Startups 0
- Coworking
- November 28, 2024
Coworking spaces are transforming India’s startup landscape by offering flexibility, cost-effective resources, and vibrant communities that foster collaboration. These spaces enable startups to scale seamlessly, connect with industry peers, and optimise resources for growth. As India’s entrepreneurial ecosystem evolves, coworking spaces drive innovation and business success.
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Awfis Expands Portfolio with Premium ‘Elite’ Workspace to Cater to GCCs in India 0

Awfis introduces ‘Elite,’ an ultra-premium coworking solution designed for GCCs, with exclusive features like biophilic pods and wellness zones. Backed by strong financial growth, Awfis is expanding into metro cities while targeting tier-II markets, revolutionizing India’s coworking landscape with innovation and luxury.

India’s Coworking Industry Surges Amid IPO Boom and Rising Demand 0

Coworking

November 26, 2024

India’s coworking sector is booming, driven by hybrid work models, rising office rents, and IPO activity. Awfis, Smartworks, and DevX lead the IPO wave, while expansion into Tier-II and Tier-III cities signals future growth. Flexible workspaces now account for 15% of leasing, with demand projected to grow 60% by 2028.

Awfis to Design and Manage 1.65 Lakh Sq Ft Office for NSE in Mumbai 0

Awfis Space Solutions will design, build, and manage 1.65 lakh sq ft of office space for NSE in Mumbai’s Adani Inspire building, expanding its footprint in BKC. The deal reflects Awfis’ leadership in the flex space sector, which is driven by rising demand and strong financial growth, including a 40.5% revenue surge.

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