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

91Springboard expands its presence in Hyderabad with a new 48,000 sq. ft. hub in HITEC City, offering flexible workspace solutions for medium and large businesses. Located in Raheja Commerzone Hetero Tower, this is 91Springboard’s 31st hub in India, providing modern amenities and tailored office spaces to enhance productivity.
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Several coworking companies, including WeWork India, SimplWork Offices, and TableSpace Technologies, are preparing IPOs following Awfis’ successful listing. Investor interest is driven by the coworking sector’s strong growth, asset-light model, and profitability. Private equity investments and acquisitions are accelerating the industry’s transformation into managed office spaces for large corporations.
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Smartworks Coworking Spaces is launching a ₹5.5 billion IPO, including an offer to sell 6.7 million equity shares. Legal counsel from Khaitan & Co and Economic Laws Practice (ELP) oversees the process, marking a significant milestone for Smartworks as it expands in India’s growing coworking industry.
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Awfis has leased 3 lakh square feet of office space from Nyati Group in Pune, expanding its flexible workspace footprint to half a million square feet. The partnership will introduce premium workspaces at Nyati Empress and Nyati Enthral, meeting the growing demand for adaptable office solutions in Pune’s thriving business ecosystem.
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Uncover the top 12 design-conscious coworking spaces in India for 2024. These workspaces combine modern design with functionality to create an inspiring professional environment.
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DevX has expanded its Noida presence by launching two new coworking spaces in Sectors 125 and 62, adding 37,000 square feet to its existing 60,000 square feet. This move supports their strategy to offer flexible, upscale office spaces catering to Global Capability Centers and large enterprises, enhancing work environments and scalability.
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