Industry News

Smartworks Reports 45% Revenue Growth as GCC Demand Accelerates Enterprise Workspace Expansion 0
- Industry News
- May 13, 2026
Smartworks Coworking Spaces Ltd. reported a 45% year-on-year revenue jump to ₹520 crore in Q4FY26. The company’s growing focus on enterprise infrastructure and GCC-led demand has expanded its operational portfolio beyond 10.1 million sq ft, though high lease liabilities and elevated valuations continue to draw mixed market reactions.
READ MORE
Flexible Workspace Operators to Invest ₹4,500 Crore as Enterprise Demand Reshapes India’s Office Market 0
- Industry News
- May 13, 2026
India’s leading flexible workspace operators are expected to invest ₹4,000-4,500 crore to add 15-20 million sq ft of new capacity over the next two financial years. The expansion is being driven by strong enterprise and GCC demand, with flex workspaces projected to account for nearly 25% of office absorption in the coming years.
READ MORE
Flex Spaces Set for 18% Growth as GCC Demand Powers India’s Next Office Boom: Crisil 0
- Industry News
- May 7, 2026
India’s flexible workspace market is projected to grow 16–18% to 140–145 million sq ft, driven by GCCs, corporates, and startups. With rising occupancy, stable profitability, and strong pre-leasing activity, flex operators are becoming a key driver of office demand despite global and technology-related risks.
READ MORE

India Real Estate Attracts $30.7 Billion Equity Surge, REIT Momentum Set to Deepen Market Liquidity 0
- Industry News
- May 7, 2026
India’s real estate sector recorded $30.7 billion in equity inflows between 2024 and Q1 2026, alongside $146 billion in debt financing. Driven by REIT growth, strong occupier demand, and institutional participation, the sector is poised for sustained investment momentum despite global volatility and rising land costs.
READ MORE
India’s GCC Boom: Talent, Trust, and Workplace Experience Shape the Next Growth Phase 0
- Industry News
- May 7, 2026
India hosts 53% of global GCCs, employs 1.9 million professionals, and sees 85% of professionals reporting a positive workplace experience. As GCCs evolve into strategic hubs and account for up to 40% of office demand, challenges around pay, leadership, and job security underscore the growing importance of workplace culture and employee engagement.
READ MORE
Concentrix Leases 1.6 Lakh Sq Ft in Gurugram, Reinforcing Demand for Large-Scale Office Spaces 0
- Industry News
- May 6, 2026
Concentrix Daksh has leased 1.6 lakh sq ft of office space in Gurugram at a monthly rent of ₹1.53 crore for five years. The deal highlights continued demand for large office spaces despite automation trends, with Gurugram emerging as a key hub for enterprise leasing and flexible workspace growth.
READ MORE