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coworking India

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Mumbai’s office stock hit 169 Mn sq. ft. in H1 2025, with over 50% in Grade B assets. SBDs lead the shift, flex space dominates leasing, and vacancy hits a 10-year low, as per Knight Frank’s Billion Sq Ft report.

IT-ITeS Powers India’s Office Market in Q2 2025; Flex Spaces Gain Traction with 68% Surge

India’s office market saw 18.79 Mn sq ft absorption in Q2 2025, led by IT-ITeS (50% share) and fast-rising flex spaces (14%). Bengaluru, Hyderabad and Chennai drove leasing volumes as enterprises shift back to offices and demand for agile spaces surges.