Browsing Tag

coworking India

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Smartworks has signed a major ~1.66 lakh sq ft lease with Wolters Kluwer in Pune’s Kalyani Nagar, reinforcing its leadership in managed office campuses and accelerating enterprise-driven growth across India.

Tier-2 Cities Outpace Metros in Coworking Boom — Demand Jumps 25% in Just One Year

Coworking operators are tapping into booming Tier-2 city demand, with Awfis reporting a 25% expansion beyond metros in one year. Upgraded Grade A spaces, enterprise expansion, and GCC entries are driving this shift.
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.