Browsing Tag

coworking India

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Awfis posted record FY26 revenue of ₹1,493 crore, driven by strong coworking demand, rising enterprise leasing, and expansion across premium office spaces in India.

Awfis Posts Record ₹1,493 Cr Revenue in FY26 on Strong Coworking Demand Surge

Awfis posted record FY26 revenue of ₹1,493 crore, driven by strong coworking demand, rising enterprise leasing, and expansion across premium office spaces in India.
Tier-2 cities now account for 9% of India’s flex office stock at nearly 9 Mn sq ft, as companies and GCCs expand into cost-efficient, high-growth urban markets, according to Vestian.

Flex Stock in Tier-2 Cities Hits ~9 Mn Sq Ft, Accounts for 9% of India’s Total

Tier-2 cities now account for 9% of India’s flex office stock at nearly 9 Mn sq ft, as companies and GCCs expand into cost-efficient, high-growth urban markets, according to Vestian.
India’s flex workspace stock across the top seven cities is expected to cross 100 million sq ft by 2027, with penetration rising to 10.5%, driven by strong enterprise demand, GCC expansion, and rapid growth in Bengaluru, Pune, and Chennai.

Flex Office Stock to Cross 100 Million Sq Ft by 2027; Penetration to Exceed 10%

India’s flex workspace stock across the top seven cities is expected to cross 100 million sq ft by 2027, with penetration rising to 10.5%, driven by strong enterprise demand, GCC expansion, and rapid growth in Bengaluru, Pune, and Chennai.
Awfis

Awfis H1 FY26 Operating EBITDA Jumps 44% YoY; Revenue Up 28% Amid Strong Enterprise Demand

Awfis Space Solutions reported strong financial performance in H1 FY26, with operating EBITDA up 44% YoY and revenue up 28%. The company expanded its portfolio to 247 centers with 1.7 lakh seats and announced the subsidiarization of Awfis Transform to drive its next growth phase.
India’s office market is set for strong growth in 2026 with demand projected at 70–75 million sq ft and supply at 60–65 million sq ft. Colliers highlights GCC expansion, flex spaces, and sustainability as key drivers shaping the sector’s future.

India’s Office Rentals Rise 6% as Companies Rush to Expand – Pune and Bengaluru Lead, Vacancy at 3-Year Low

Office rentals in India’s top cities are up 6%, vacancy has dropped to a three-year low, and absorption has hit a record 42 million sq. ft. Pune and Bengaluru lead the boom, signaling corporate expansion despite global headwinds.