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

India’s commercial office market is rapidly shifting toward integrated campus-style workplaces. Large office deals reached 19.5 million square feet in Q1 2026, representing 65% of total leasing activity. Strong demand from GCCs and multinational corporations is boosting tenant bargaining power while pressuring developers to provide premium, ESG-compliant, future-ready office infrastructure.
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WorkEZ has expanded its portfolio to nearly 1.7 million sq ft across 12 operational buildings and two upcoming developments. The company recently added new centres in Chennai and Kochi while signing a 0.4 million sq ft upcoming project in Coimbatore, strengthening its presence across South India’s growing flexible workspace market.
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Flexible workspaces now account for more than 20% of new office leasing in India, according to WeWork India CEO Karan Virwani. Companies are also doubling investments in office interiors to improve employee experience, attract talent, and support hybrid work models, signalling a broader transformation in workplace strategy across India Inc.
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Brookfield India REIT posted a strong FY26 performance with operating lease rentals rising 22.9% year-on-year to ₹21,466 million. The growth was driven by the acquisition of Bengaluru’s Ecoworld campus, record leasing activity of 4 million sq ft, and a successful equity raise of ₹82 billion to support future expansion.
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Uber India Systems Private Limited has leased nearly 9 lakh sq ft of office space at Meenakshi Eco Park in Hyderabad for an estimated ₹839 crore over 10 years. The deal strengthens Hyderabad’s position as a major technology and GCC hub, joining recent expansions by Apple, Netflix, Meta, and other multinational occupiers.
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Mindspace Business Parks REIT has expanded its Chennai portfolio by acquiring commercial office assets in Sholinganallur, adding nearly 25 lakh sq ft of chargeable office space. The deal strengthens Chennai’s growing position in India’s office leasing market while highlighting rising institutional investment, GCC demand, and increasing focus on sustainable urban infrastructure.
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