The Executive Centre India has opened a 94,100 sq ft coworking facility at DLF Atrium Place in Gurugram. The expansion comes as demand for flexible workspace rises across India. Managed offices and coworking accounted for 22% of office leasing in the June quarter, highlighting the sector’s growing importance.
The Executive Centre (TEC) India has strengthened its presence in Gurugram with the launch of a new 94,100 sq ft coworking centre featuring more than 1,000 desks at DLF’s commercial development, Atrium Place.
The new facility is part of TEC India’s broader expansion strategy as demand for flexible and managed workspaces continues to grow across India’s major office markets. The centre is designed to serve businesses seeking premium workplace infrastructure without the long-term commitments and operational complexity associated with traditional office leases.
Gurugram remains one of India’s strongest commercial hubs, supported by a deep base of multinational companies, technology firms, financial services businesses and global capability centres. The new centre adds flexible capacity to a market where occupiers are increasingly seeking scalable office solutions.
Global Enterprises Drive Workplace Demand
Paul Salnikoff, Managing Director and Chief Executive Officer of The Executive Centre, said, “Gurugram continues to be one of India’s most dynamic business destinations, attracting global enterprises that expect more from their workplaces than ever before.”
The comment reflects a broader shift in occupier expectations. Companies are increasingly evaluating offices not only on location and cost, but also on flexibility, workplace experience, technology, amenities and the ability to adjust space as business needs change.
For flex operators, this shift is creating opportunities to capture demand from both large enterprises and growing businesses. Managed offices and coworking can provide companies with a faster route to market while offering flexibility around team size, lease duration and workspace configuration.
Flexible Offices Strengthen Their Market Position
TEC’s Gurugram launch comes against a strong backdrop for India’s office leasing market. According to real estate consultant Vestian, office leasing across seven major Indian cities reached a record 23.9 million sq ft in the June quarter, representing a 27% year-on-year increase.
Flexible workspace providers are becoming an increasingly important part of this leasing activity. Vestian reported that “Managed offices, coworking, flexible spaces remained the second-largest occupier category with a 22 per cent share,” reflecting rising preference for agile workplace models.
The data signals that flex is moving beyond its traditional role as a solution for freelancers and startups. Enterprise occupiers are increasingly using managed offices and coworking for satellite teams, project-based operations, expansion into new markets, and hybrid workforce strategies.
IPO Plans Add Another Dimension
The Gurugram expansion also comes as TEC India prepares for a potential public-market journey. The company secured approval from the Securities and Exchange Board of India (SEBI) in January to raise Rs 2,600 crore through an initial public offering.
Hong Kong-based TEC currently operates more than 260 centres across 38 cities and 15 markets, including India. Its expanding network positions the company to benefit from the continued formalisation of India’s flexible workspace sector.
With office leasing maintaining strong momentum and occupiers increasingly accepting flexible models, TEC’s latest Gurugram centre highlights how premium coworking and managed offices are becoming an established component of India’s commercial real estate ecosystem.
