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

Knowledge Realty Trust (KRT), backed by Blackstone and Sattva Developers, launched its ₹4,800 crore IPO from August 5–7, aiming to become India’s largest office REIT by assets. With ₹1,620 crore already secured from anchor investors—including LIC and Rakesh Jhunjhunwala’s trust—the issue has attracted high institutional interest even before public subscription began.
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Driven by a 30% surge in demand since 2023, Visakhapatnam (Vizag) is rapidly evolving into a next‑gen coworking destination. At the forefront are hybrid models offering private cabins, quiet work zones, and cafe‑style lounges—catering to remote professionals, startups, and night‑shift tech teams seeking flexibility, amenity-rich setups, and a professional atmosphere.
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India’s co-living and coworking markets are booming—but they’re also facing structural challenges. An industry analysis highlights that rapid urban migration, limited planning frameworks, inconsistent quality, and weak regulations are straining growth across key metros like Delhi, Bengaluru, and Mumbai. These growing pains pose strategic risks despite surging user adoption.
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As workforce expectations evolve, flexible workspaces are reinventing themselves. Major trends include hybrid work, wellness-first environments, sustainability, data-driven design, and hyper-local decentralisation. Operators who can deliver not just a desk but a holistic experience will lead the next phase of coworking growth.
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Workingdom, founded by Preeti Yadav Srikrishnan, is crafting a coworking experience grounded in four pillars: premium locations, serene design, affordability, and service-minded customer care. With centres in Delhi and Gurugram already live, the brand is now charting growth toward Bengaluru, Mumbai, Hyderabad, and even Dubai.
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Kerala is debuting a unique coworking facility—“i by Infopark”, spanning 48,000 sq ft at Ernakulam South Metro Station in Kochi. Aiming to attract IT and ITeS companies, this high-end workspace can host over 550 professionals and marks the government’s push to nurture inclusive, sustainable and tech‑centric work ecosystems.
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