India Archives - Flex Insights

India’s Office Space Market Set for Record Growth in 2024, Says Savills Report 0

India’s office space market is set for record growth in 2024, with projected absorption to exceed 70 million sq. ft., driven by high demand from IT-BPM, flexible workspaces, and BFSI sectors. Major cities like Bengaluru, Delhi-NCR, and Mumbai lead leasing activity despite slower new completions lowering vacancy rates.

Festive Season Boosts Demand for Co-Working Spaces Across India 0

India’s festive season boosts demand for co-working spaces as companies and freelancers embrace flexible, collaborative environments. Festive promotions and packages drive occupancy, while companies use this high-energy period for team bonding and client events. Co-working providers aim to convert seasonal users into long-term tenants through engaging offers.

Bollywood Star Shraddha Kapoor Becomes the New Face of Ofis Square, Redefining Coworking in India 0

Ofis Square partners with Bollywood star Shraddha Kapoor as its first brand ambassador in India’s coworking sector. With plans to expand 10 million square feet nationwide, Ofis Square aims to mainstream flexible workspaces, targeting entrepreneurs and startups. Kapoor’s endorsement strengthens its vision to lead India’s evolving coworking market.

What Are Indian Real Estate Giants Up To? Insights from Nikhil Kamath’s Podcast 0
- Industry News
- October 17, 2024
In Nikhil Kamath’s latest podcast episode, WTF is Indian Real Estate Giants Up To?, industry leaders Irfan Razack, Nirupa Shankar, and Karan Virwani discuss the evolution of India’s real estate sector, opportunities for entrepreneurs, and the challenges of managing family-run businesses. The episode offers key insights into modern workspace trends and succession strategies.
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Nariman Point’s Office Rents Expected to Double by 2030 Amidst Economic Revival 0
- Industry News
- October 17, 2024
According to Knight Frank, Nariman Point, Mumbai’s iconic commercial hub, is expected to double office rents by 2030, rising from Rs 569 to Rs 1,091 per sq ft. The area’s resurgence is driven by infrastructure upgrades, growing demand for premium office space, and strong investor interest.
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India’s Flexible Office Space Sector Attracts $820M in PE Funding Since 2017 0
- Industry News
- October 17, 2024
Knight Frank said India’s flexible office space sector has attracted $820 million in private equity funding since 2017. The sector grew strongly despite pandemic-related fluctuations, with a 22% CAGR and 52.9 million sq ft leased. Demand for flexible workspaces is driven by corporate focus on employee well-being and innovation.
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