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

India’s flexible workspace market is projected to grow 16–18% to 140–145 million sq ft, driven by GCCs, corporates, and startups. With rising occupancy, stable profitability, and strong pre-leasing activity, flex operators are becoming a key driver of office demand despite global and technology-related risks.
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India’s office leasing market is set to grow 8-10% in FY26, driven by strong demand from BFSI and GCCs, especially in Bengaluru and Hyderabad. Flex space operators are expanding rapidly, while vacancy rates are expected to decline. Crisil Ratings highlights stable financials, though economic risks remain a key concern.
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