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

Bengaluru’s office leasing declined 21% to 9.37 million sq. ft. in H1 2026 due to slower corporate decision-making amid global uncertainty. However, India’s office market remained stable, with GCCs accounting for 41.7% of leasing activity, while coworking operators achieved a record 10.23 million sq. ft. of space absorption.
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India’s office market recorded a historic 43 million sq. ft. of gross leasing in H1 2026, up 5% year-on-year despite global uncertainty. GCCs and flexible workspace operators led demand, while lower new supply pushed vacancy to post-pandemic lows, strengthening rental growth and reinforcing confidence in India’s commercial real estate sector.
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Awfis Space Solutions will hold a group meeting with analysts and institutional investors on July 10, 2026, in Mumbai. The session will discuss publicly available information on the company’s business and strategy, in compliance with SEBI regulations, and highlight Awfis’ commitment to transparency and regular investor communication.
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Flexible workspaces now account for more than 20% of new office leasing in India, according to WeWork India CEO Karan Virwani. Companies are also doubling investments in office interiors to improve employee experience, attract talent, and support hybrid work models, signalling a broader transformation in workplace strategy across India Inc.
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A joint report by CBRE India and FICCI reveals that nearly 65% of Indian firms plan to adopt flexible workspaces by 2027. This shift is being driven by strong enterprise demand, rapid supply expansion across key cities, positioning flex offices as a core pillar of India’s evolving office market strategy.
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The Executive Centre (TEC) India has launched an AI-driven digital transformation strategy focused on automation, data intelligence, and enterprise AI integration. With tools like ECHO and advanced analytics, TEC aims to enhance productivity, optimise operations, and improve decision-making, positioning itself as a leader in tech-enabled commercial real estate solutions.
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