India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

The Bombay High Court has dismissed two petitions challenging WeWork India’s IPO and imposed an INR 1 Lakh cost on petitioner Vinay Bansal, to be deposited with the Maharashtra State Legal Services Authority. Bansal had alleged non-disclosure of serious criminal proceedings, misrepresentation of the WeWork brand, and overly optimistic projections despite losses.
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Indian corporates are moving a share of their portfolios into flexible, serviced offices. Flex delivers agility, cost visibility, faster go-live timelines, and better access to talent across micromarkets, while strengthening portfolio resilience. With institutional capital backing major operators, flex has matured from a pandemic trial to a strategic CRE lever.
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Bengaluru-based 2gethr is redefining managed offices and coworking through human-centred design, strong technology and story-led branding. From WELL-certified spaces and award-winning GCC workplaces to custom-built offices, the operator focuses on culture, care and data-driven innovation while expanding into new cities with a promise: “not just more spaces, but more meaning.”
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India’s flex market is rapidly expanding beyond metros, with Tier 2 and 3 cities becoming coworking hotspots. Demand from enterprises, GCCs and startups is driving distributed workspace models. With a 75+ city footprint and a capex-light strategy, MyBranch is positioning itself at the centre of “Bharat’s coworking future” and emerging flex cities.
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Enzyme Office Spaces has scaled to 1.55 million sq. ft. across 32 centres by backing mid-sized enterprises and GCCs with functional, service-led workspaces. Founder Ashish Agarwal shares how a 99% ticket-resolution promise, selective Tier 2 expansion, managed offices, and IPO-ready systems keep the business built on service, not scale.
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ICRA projects net office absorption across Bengaluru, Chennai, Delhi-NCR, Hyderabad, MMR and Pune to touch a record 69–70 million sq. ft. in FY26, up from 66 million sq. ft. last year. Backed by GCCs, BFSI and flexible space operators, vacancies are expected to ease to 12.5–13%, signalling a deeper, more broad-based demand cycle.
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