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

India’s office market remains robust, with rentals rising 6% across major cities and vacancy levels easing to 16.2%. Pune saw a record 97% growth in office absorption, driven by GCCs and flexible workspaces. Bengaluru and the Delhi-NCR region led overall leasing, while the coworking and IT/ITeS sectors continued to drive demand for high-quality Grade A offices.
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Tata Consultancy Services (TCS) has announced a massive investment of ₹4,500 crore to expand offices and build new campuses across India’s leading tech cities. The initiative spans Bengaluru, Kolkata, Kochi, Hyderabad, Coimbatore, and Visakhapatnam — strengthening delivery capacity, boosting job creation, and reaffirming TCS’s leadership in India’s fast-evolving technology services sector.
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India’s flexible workspace market now commands 20% of commercial leasing, according to the Flex Office Market in India 2025 report by myHQ. Corporate adoption is rising fast, with enterprise deal sizes doubling since 2023. Bengaluru leads the supply, while Tier-2 expansion and GCC demand fuel the next growth wave.
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Bengaluru’s offices are embracing plant rentals as a smarter, cost-effective solution to keep workspaces green. Offering regular upkeep, replacements, and decor alignment, plant rental firms are seeing rising demand from corporations and restaurants. As awareness of well-being and aesthetics grows, plant rentals are becoming integral to modern office design.
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India is projected to surpass China in Grade-A office space supply by 2026, led by Bengaluru, Hyderabad, and Delhi-NCR. Backed by multinational demand and the rise of GCCs, India is emerging as Asia’s top office market, signalling strong investor confidence and a strategic shift in global commercial real estate focus.
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BHIVE Workspace has launched a 2,000+ seat coworking centre in Bellandur, Bengaluru, inside the premium Sattva Premia tower on Outer Ring Road. The new Grade A facility marks a major milestone in BHIVE’s rapid expansion, catering to surging demand from corporates, enterprises, and Global Capability Centres in India’s top tech corridor.
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