House of Hiranandani has launched its first coworking pilot with a 160-seat flexible office centre at Hiranandani Gardens, Powai. The Mumbai-based developer plans to scale the model across its portfolio, tapping into India’s rapidly growing flex office market, which is projected to cross 100 million sq. ft. by 2027.
House of Hiranandani (HoH) has officially entered the coworking and flexible office space segment with the launch of a pilot centre at Hiranandani Gardens in Powai, Mumbai. The 160-seat facility marks the developer’s first step into the flex workspace business, leveraging available space within its integrated township. According to company sources, the Powai location has the potential to scale up to nearly 500 seats, with the current launch positioned as a proof-of-concept.
Strategic Shift from Traditional Leasing
The move reflects a broader shift among large real estate developers towards managed office solutions as occupier preferences evolve. Instead of leasing vacant commercial space under traditional long-term agreements, HoH opted for a more flexible, service-led office model. “We had some empty space available in the prime locality, and we wanted to do something a little different with that space rather than giving it on lease as our standard business,” said Ankit Mathur, Senior Manager, Commercial Business, House of Hiranandani, in a LinkedIn post.
From Concept to Operational Centre
Mathur outlined the journey of setting up the coworking centre, highlighting the operational depth required to launch a new business vertical. “Then came the real stuff—layouts, budgets, service partners, legal work, compliances, procurement lists that grew longer every day,” he noted, adding that the space gradually took shape through collaborative planning and execution. He further shared that the centre is now operational and has already welcomed its first client, marking a key milestone for the team.
Expansion Plans Across Mumbai Suburbs
Encouraged by the initial rollout, House of Hiranandani is evaluating adding more coworking centres across its portfolio. According to sources, the developer is exploring flex-office opportunities at its properties in Andheri and Thane, both established commercial and residential hubs within the Mumbai Metropolitan Region. An email query has been sent to the company for further details on expansion plans.
Strong Commercial Backbone Supports Flex Entry
The coworking foray comes at a time when HoH is strengthening its commercial real estate footprint. In October 2025, the developer announced a ₹500 crore investment to build a new commercial project in Andheri East, offering around 4 lakh sq. ft. of leasable space. To date, the company has developed over 50 million sq. ft. and delivered more than 26,600 homes. Currently, nearly 7 million sq. ft. of office space is under its management across the MMR.
Flex Market Tailwinds Create Opportunity
House of Hiranandani’s entry aligns with strong sector tailwinds. India’s flex office market is expected to exceed 100 million sq. ft. by 2027, up from 72.3 million sq. ft. in 2025, according to Colliers. Bengaluru leads the market with a 31% share, while Pune records the highest penetration at 11.5%. With flex penetration projected to rise to 10.5% of total office stock by 2027, developers like HoH are increasingly viewing coworking as a strategic extension of their commercial portfolios rather than an experimental add-on.
