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

India’s flexible office inventory has crossed 110 million sq. ft., more than tripling since 2020. GCCs drove 44% of Q1 2026 office leasing, while 67% plan to increase flex adoption. Bengaluru leads the market, and AI could create another 79 million sq. ft. of office demand by 2030.
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India’s flexible office market has crossed 100 million sq. ft. and is projected to reach $9–10 billion by 2028, according to ANAROCK. Enterprise demand, GCC expansion, and improved profitability are driving growth, marking a shift from startup-led expansion to a more stable, mature, and financially disciplined sector.
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India’s flexible office stock has surpassed 100 million sq ft, growing rapidly at a 23–25% CAGR. Bengaluru leads the market, followed by Delhi-NCR and Pune. Demand is driven by IT, BFSI, and global companies, while GCCs and tier-II expansion are set to fuel the next phase of growth.
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