Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
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WeWork India Grows Revenue to Rs 1,665 Cr in FY24, Eyes IPO Amid Restructuring Challenges0
- Industry News
- November 12, 2024
WeWork India reported a 26.7% revenue growth to Rs 1,665 crore in FY24, reducing losses and achieving a strong EBITDA margin of 64.42%. Amid its global parent’s restructuring, WeWork India is considering an IPO with a $2-2.5 billion valuation, reflecting confidence in India’s flexible workspace demand.
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Office Space Supply Surges by 46% in Major Indian Cities Amid Rising Demand0
- Industry News
- November 8, 2024
According to CBRE, office space supply in India’s top nine cities surged by 46% to 13.4 million sq ft in early 2019, led by Hyderabad’s unprecedented growth. With demand from corporates and coworking operators rising, developers are investing in flexible workspaces and SEZs to support expanding businesses and startups.
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Innov8 Plans to Double its Capacity Amidst Rising Demand for Coworking Spaces in India0
- Industry News
- November 7, 2024
Innov8 plans to double its coworking centres across India by 2025, aiming to triple its seating capacity to over 50,000. With demand for flexible workspaces surging, this expansion reflects India’s booming coworking market, projected to reach 126 million square feet by 2028, according to an Avendus report.
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Global Capability Centres Drive India’s Coworking Demand in 2024, Reports Knight Frank0
- Industry News
- November 6, 2024
India’s Global Capability Centres (GCCs) leased nearly 23,000 coworking desks in 2024, driven by cost efficiency and skilled talent. With Bengaluru leading in IT/ITeS sector occupancy, GCC demand for flexible spaces surged. Economic shifts abroad and India’s stable environment further attract multinational firms to coworking solutions.
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India’s Office Space Market Set for Record Growth in 2024, Says Savills Report0
- Industry News
- November 4, 2024
India’s office space market is set for record growth in 2024, with projected absorption to exceed 70 million sq. ft., driven by high demand from IT-BPM, flexible workspaces, and BFSI sectors. Major cities like Bengaluru, Delhi-NCR, and Mumbai lead leasing activity despite slower new completions lowering vacancy rates.
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Festive Season Boosts Demand for Co-Working Spaces Across India0
- Industry News
- November 4, 2024
India’s festive season boosts demand for co-working spaces as companies and freelancers embrace flexible, collaborative environments. Festive promotions and packages drive occupancy, while companies use this high-energy period for team bonding and client events. Co-working providers aim to convert seasonal users into long-term tenants through engaging offers.
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Flexinsights
ADMINISTRATOR
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Siddhant Sharma
AUTHOR
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Karnn Chauhan
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Kushal Bhargava
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About Flex Insights
theflexinsights.com is a platform aiming at being the go-to place for insights, trends and predictions about coworking and flexible workspaces in India. It aims at connecting individuals, businesses and workspaces to create a fostering environment and to propel growth for the overall coworking and flexible workspaces industry within India.
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Vatika towers, Golf course road, Gurgaon
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Latest Posts
Leadership Posts
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The BFSI Sector's Strategic Embrace of Flexible Office Spaces
- Leadership
- September 12, 2024
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