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

Vertex Managed Workspace has won the “Excellence in Coworking and Enterprise Office Space” award at the ET Now Business Conclave 2025, recognising its role in transforming Mangaluru into a hub for global talent. With 6+ centres and 35+ companies, Vertex is emerging as a key driver of the city’s ‘Silicon Beach’ ambitions.
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Playback singer Kailash Kher has “purchased commercial office space in Mumbai’s Bandra Kurla Complex (BKC) for ₹10.5 crore” in the Trade Centre building, one of India’s priciest commercial districts. The 2,619 sq ft office, which includes parking, was bought from N&T Family Private Trust, underscoring a wider trend of celebrities investing in Mumbai’s top-grade real estate.
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UiPath has opened a new 25,599 sq. ft. office in Bangalore’s Embassy Tech Village – Onyx. The hub will house Product & Engineering teams in India, responsible for nearly 25% of global R&D. Designed for collaboration, wellness, and sustainability, it supports rapid growth and agentic-AI product development.
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Dev Accelerator Limited has launched Capital One, a 3.15 lakh sq. ft managed office campus in Ahmedabad. Spread across 19 floors, it is India’s largest such campus in a Tier II city and is already 95% occupied pre-launch. The project highlights the growing demand from the GCC and enterprises in emerging markets.
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Gurugram-based Stylework has raised ₹30 crore ($3.4M) in pre-Series B funding led by Equentis Angel Fund, with participation from Karekeba Ventures, Cogniphy AIF, LetsVenture, and MoneyVyapaar. The flex-workspace aggregator will upgrade its AI tech, roll out ARBI for smarter site visits, and expand into India, the Middle East, and Southeast Asia.
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India’s surge in Global Capability Centres is fueling a parallel rise in flexible workspaces. WeWork India and Awfis now earn 35–45% of revenue from GCC clients, as multinationals shift to fast-scaling micro-hub models. Operators are rapidly expanding stock, betting that GCCs will drive nearly half of new flex demand by 2027.
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