Browsing Tag

flex space

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Urban Vault Expands to Pune with New 35,000 Sq. Ft. Flex Space at Ambrosia Galaxy

Urban Vault Expands to Pune with New 35,000 Sq. Ft. Flex Space at Ambrosia Galaxy

Urban Vault makes a strategic entry into Pune with a new 35,000 sq. ft. managed flex space at Ambrosia Galaxy, Baner High Street. Offering over 700 desks, the workspace targets startups, SMEs, and enterprises with flexible pricing and scalability.
Office Leasing in Q1 2025 Rises 15% YoY to 15.9 Million Square Feet Across Top 7 Cities

Office Leasing in Q1 2025 Rises 15% YoY to 15.9 Million Square Feet Across Top 7 Cities

India’s office leasing market kicked off 2025 on a strong note, recording a 15% year-on-year increase in Q1, with 15.9 million sq. ft. of space absorbed across the top seven cities. Bengaluru and Delhi NCR led the charge, driving nearly half of the total leasing activity. Meanwhile, flex spaces gained momentum, accounting for 14% of total Grade A office space uptake. With demand outpacing supply, office rentals surged by 8% annually, while vacancy levels dropped by 120 basis points, reflecting the continued resilience of the commercial real estate sector.
Minimalist Coworking

Innov8 Reports Net Profit of INR 62 Crore in FY 2024

Innov8, India’s leading flex space startup, reported a net profit of INR 62 crore for FY 2024, a sharp increase from INR 2.5 crore in FY 2023. The company is planning a major expansion, aiming to increase its seat capacity to over 50,000 by 2025, and is raising ₹100 crore to support its growth initiatives.