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

SpazeOne is expanding nearly 1 lakh sq ft of flexible office space across three locations in Kochi, adding around 1,700 seats. The expansion reflects growing demand for managed workspaces from startups and enterprises. With strong IT growth and infrastructure improvements, Kochi is emerging as a leading Tier II flexible office market.
READ MORE
Intercontinental Exchange has leased nearly 193,000 sq ft of Grade-A office space in Pune’s Magarpatta Cybercity for a new global capability centre. The long-term deal reflects rising demand from multinationals for scalable campuses in India. Strong talent availability, competitive costs, and established office ecosystems continue to position Pune as a major GCC hub.
READ MORE
US companies accounted for 70% of India’s GCC demand between 2018 and 2025, as leasing touched a record 31 million sq ft in 2025. Tier I cities dominate with over 90% activity, while Tier II markets gain traction with 10–35% cost savings. More than 200 new GCCs entered India over the past 2 years.
READ MORE
India’s five listed REITs distributed over ₹2,450 crore to 3.8 lakh unitholders in Q3 FY26, taking cumulative payouts past ₹29,100 crore since inception. Managing 185 million sq ft of Grade A assets, the sector’s total AUM now exceeds ₹2.5 lakh crore, reflecting steady growth and strong leasing demand.
READ MORE
WeWork India has launched a 90,000 sq ft coworking centre in Gurugram with over 1,200 desks at Atrium Place, Udyog Vihar. The expansion, leased from DLF, strengthens its NCR presence amid strong demand for flex space. Flex operators leased 13 million sq ft in 2025, accounting for 18% of total office leasing.
READ MORE
IndiQube Spaces has guided for 30–35% revenue growth in FY26 while adding 1.5–2 million sq ft annually. With 80–85% corporate occupancy targets, Rs 180 crore capex in H1, and a strong enterprise focus, the managed workspace operator is balancing aggressive expansion with utilisation discipline.
READ MORE