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

Smartworks plans to invest ₹550-600 crore in FY27 across existing and upcoming centres as demand for managed office space rises. The company has already signed over 3.5 million sq. ft. of future space. Strong enterprise demand, growing GCC business and long-term contracts support its expansion strategy.
READ MORE
India’s flexible office inventory has crossed 110 million sq. ft., more than tripling since 2020. GCCs drove 44% of Q1 2026 office leasing, while 67% plan to increase flex adoption. Bengaluru leads the market, and AI could create another 79 million sq. ft. of office demand by 2030.
READ MORE
Foreign BFSI companies drove India’s GCC office leasing to a record 7.32 million sq. ft. in H1 2026. The sector accounted for 36% of total GCC leasing across eight cities. Meanwhile, demand in IT-ITeS and manufacturing moderated, highlighting a broader shift toward a more diversified GCC ecosystem.
READ MORE
PepsiCo will end insurance coverage for weight-loss drugs from October as employers focus on controlling healthcare costs. At the same time, India’s office market reached a record 24.6 million sq. ft. of leasing. Strong expansion plans and rising occupier demand point to continued momentum for developers and REITs.
READ MORE
India’s flex workspace market reached a new high in H1 2026, with 191,306 seats leased across eight major cities. Operators leased a record 8.4 million sq ft and captured nearly 20% of office demand. GCCs led growth, while Hyderabad, Delhi NCR and Mumbai posted strong gains.
READ MORE
DHL Supply Chain India has leased 2.4 lakh sq ft of warehouse space in Hoskote for about ₹35 crore. The deal includes a monthly rent of ₹56.4 lakh, a 4.5% annual escalation, and a three-year lock-in. The transaction reinforces Hoskote’s rising role as a key industrial hub.
READ MORE



