Flex space expansion in Tier-2 cities now accounts for 9% of total pan-India stock, reveals new data analysis.

India's real estate sector is set for sustained momentum in 2026, with office leasing, residential demand, industrial growth, and institutional investment expected to drive expansion across major asset classes.

Awfis Space Solutions delivered exceptional Q1 FY26 performance with 30% revenue growth to ₹335 crore and tripled PAT, driven by enterprise demand and strategic expansion into Tier-2 cities.

Awfis Space Solutions is scaling up in tier-II cities as demand for shared offices surges post-pandemic, driven by ecommerce, IT services, and global capability centers.

Incuspaze is gearing up for a public listing with a $25M pre-IPO round and plans to invest ₹100 crore to expand across Delhi-NCR, Pune, Bengaluru, and Hyderabad, capitalizing on India’s booming demand for flex spaces.

According to a report by the Confederation of Indian Industry (CII) and Knight Frank, Global Capability Centres (GCCs), flexible and co-working spaces, and the IT sector will drive office space demand in India to 1.7 billion square feet by 2030.

Awfis, India's leading flexible workspace provider, opened its largest facility in Bhubaneswar, Orissa, to promote creativity and cooperation. The breadth of Awfis's network makes it the leader in flexible workplaces, and its expansion development and potential in Tier II cities of India.