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

India’s flexible workspace sector has grown rapidly, expanding from 34 million sq. ft. in 2019 to nearly 100 million sq. ft. in 2025, according to JM Financial. The brokerage has initiated ‘buy’ ratings on WeWork India, Smartworks, and IndiQube, citing strong enterprise demand, rising GCC activity, and scalable managed office platforms.
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Redbrick Offices has leased 0.4 million sq. ft. at AP4 Tech Park in Pune’s Wagholi–Kharadi Annexe corridor. The deal strengthens its ability to serve GCCs, IT firms, startups, and multinational companies. The Grade A development offers sustainable infrastructure and positions Redbrick to expand its managed workspace footprint in Pune’s booming technology hub.
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