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GCCs Drive India’s Office Leasing Boom, With Delhi-NCR Leading the Charge 0
- Industry News
- July 15, 2025
Global Capability Centres (GCCs) leased nearly 32 million square feet in FY25—up 24% from the previous year—driven by India’s skilled talent and modern office infrastructure. Delhi-NCR emerged as the top performer, with Fortune 500 firms taking half the GCC space. Demand is expanding beyond IT to banking, healthcare, and R&D.
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Pune’s Office Market Booms in H1 2025, Driven by GCCs and Flex Demand 0
- Industry News
- July 15, 2025
Pune experienced a significant surge in office leasing during the first half of 2025, driven by Global Capability Centres and flex space operators. Leasing reached 38–51 lakh sq ft, with GCCs alone accounting for 15 lakh sq ft in Q2. Despite rising vacancies from new supply, rents climbed 3% to ₹77/sq ft.
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Kolkata’s Office Market Sees 60% Surge, Led by Flex and IT Leasing 0
- Industry News
- July 14, 2025
Kolkata’s commercial office market experienced a sharp 60% rise in leasing activity in H1 2025, reaching a decade-high of 1.1 million sq ft. Driven by a major IT deal and two flex workspace transactions, vacancy rates dropped, rents rose, and peripheral business districts, such as Salt Lake and Rajarhat, led the transformation.
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India’s Office Space Demand Hits All-Time High in H1 2025, Led by GCCs and IT 0
- Industry News
- July 14, 2025
India’s office leasing hit a record 48.9 million sq ft in H1 2025, growing 41% YoY, driven by strong demand from Global Capability Centres, IT services, and flex operators. Bengaluru led the surge, while falling supply and rising rents signalled a tightening market, particularly in key hubs such as Mumbai and Hyderabad.
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Smartworks IPO Opens July 10: Key Details, Market Buzz, and Investor Outlook 0
- Industry News
- July 14, 2025
Smartworks Coworking Spaces is set to launch its ₹582.56 crore IPO on July 10, 2025. Backed by strong financials and market interest, the offer includes both fresh equity and OFS. With grey market premiums already at ₹29, the IPO signals rising investor confidence in India’s growing flexible workspace industry.
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WeWork India IPO Back in Motion as SEBI Reopens Review, Embassy Confirms Listing Plans 0
- Industry News
- July 14, 2025
SEBI has taken WeWork India’s IPO filing off its abeyance list, reviving the company’s public listing bid. Promoter Embassy Group confirms the IPO will proceed soon, with a 4.4 crore share offer-for-sale planned. The Embassy views coworking as a key driver of future office demand, describing it as a strategic fit with its real estate business.
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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.