Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
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NCR’s Office Market Booms with Record 12.7 Million Sq. Ft. Leasing in 20240
- Industry News
- February 6, 2025
According to Knight Frank India, NCR’s office market hit a record 12.7 million sq. ft. leasing in 2024, with deal sizes rising 29% YoY. Noida saw a 48% surge, while Gurugram remained dominant. Flexible workspaces grew 2.4x, reflecting the shift towards hybrid work and high-quality office space demand.
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India’s Office Market Surges to Record Highs in 20240
- Workspace Solutions
- January 16, 2025
India’s office market reached record highs in 2024, with 50 million sq ft net absorption and 79 million sq ft leased. Global Capability Centres (GCCs) led demand, accounting for 37% of activity. Bengaluru dominated with 28% absorption. Flexible space leasing surged 52%, reflecting India’s growing role as a global office hub.
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India’s Office Space Market Reaches Record 89 Million Sq Ft in 20240
- Coworking
- January 9, 2025
India’s office leasing hit 89 million sq ft in 2024, led by Bengaluru, Mumbai, and Hyderabad. Net absorption reached 50 million sq ft, driven by IT-BPM, GCCs, and flexible workspaces. Despite tight Grade A supply, demand remains robust, positioning India as a global leader in commercial real estate.
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Kolkata’s Office Space Market Booms Amid IT and BFSI Expansion0
- Industry News
- January 8, 2025
Kolkata’s office market hit record net leasing of 1.5M sq ft in 2024, driven by IT-BPO, BFSI, and consulting demand. Significant deals and robust 2025 supply pipelines position the city as a growing commercial hub, contributing to India’s 89M sq ft office leasing milestone across major cities.
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India’s Office Market Surges in 2024, Sets Stage for Solid Growth in 20250
- Industry News
- December 27, 2024
India’s office market thrives in 2024, with leasing surpassing 47 million sq ft by Q3 and flex spaces rising to 20% of demand. Tier-II cities gain traction, rentals grow by 5-10%, and sustainability drives new developments. Projections for 2025 include solid growth, GCC expansion, and broader sector participation.
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The Strategic Shift to Leasing: Transforming India’s Office Space Market0
- Industry News
- December 21, 2024
Indian businesses are increasingly embracing office leasing for flexibility and cost-efficiency. In Q3 2024, leasing activity surged 66%, led by Bengaluru and Hyderabad. Domestic firms now drive 47% of demand, with tech, BFSI, and hybrid work models fueling growth. The future promises tech-driven, scalable, and sustainable leased spaces.
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About Flex Insights
theflexinsights.com is a platform aiming at being the go-to place for insights, trends and predictions about coworking and flexible workspaces in India. It aims at connecting individuals, businesses and workspaces to create a fostering environment and to propel growth for the overall coworking and flexible workspaces industry within India.
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