India’s Flexible Workspace Sector Hits Record 12.4 Million Sq. Ft. Leasing in 2024

India’s flexible workspace sector achieved a record gross leasing volume of 12.4 million sq. ft. in 2024, marking a 57.5% year-on-year growth. Bengaluru led with the highest leasing volume, while Mumbai saw a threefold increase. The demand surge is driven by evolving business needs, hybrid work models, and rising enterprise adoption of managed office solutions.