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

Global Capability Centres (GCCs) in India are shifting from rigid, long-term leases to flexible, managed office spaces. This change prioritises speed and agility, allowing multinational firms to scale rapidly without high upfront costs. By choosing managed spaces, these companies gain modern, move-in-ready hubs that better support innovation and evolving talent needs.
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Smartworks Coworking Spaces is repositioning toward large enterprise mandates, targeting requirements of 300+ and 1,000+. In an interaction with Fortune India, co-founder Harsh Binani highlighted rising GCC demand, long-term contracts, and asset-light expansion as key drivers shaping India’s evolving managed office infrastructure market.
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Vibe launched a 650-seat, 30,000 sq. ft. “A+ Grade” managed office in Balewadi with a Zero CAPEX model and full build-to-suite customisation. The centre promises a two-month turnaround, enterprise-grade power, ample parking, metro-led connectivity, and a revenue-ready training wing—positioning Western Pune as a new hotspot for agile, premium workplaces.
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