Microsoft Corporation purchased a 48-acre land tract in Ranga Reddy, Hyderabad, for Rs 267 crore to expand its data centre footprint. The Sai Balaji Developers-facilitated, Propstack-documented purchase is a major regional investment.

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.

Flexible space operators became the second-largest office leasing industry in the January to March quarter of 2024, a major change. To suit worldwide corporate needs, the sector's growth has increased.

Table Space Technologies leased over 100,000 square feet at Cafe Coffee Day Square in Bengaluru to expand, highlighting India's growing need for flexible offices. Once Cafe Coffee Day's corporate headquarters and flagship shop.

The premier managed workspace provider Table Space recently completed a major leasing deal with real estate developer Runwal. The agreement leases about 1.31 lakh sq ft of office space in Runwal's commercial skyscraper in crowded Andheri, Mumbai.

Awfis Space Solutions, a leading workspace solutions provider, filed its Draft Red Herring Prospectus (DRHP) with SEBI for an IPO. An OFS of up to 1 crore equity shares is offered with a new offering of up to INR 160 crore in the IPO.

Flexible office space in India often referred to as co-working spaces too are bound to grow phenomenally. The Vestian Report tries to get the figures right to get the facts validated.

Incuspaze has leased a total of 9.7 lakh square feet of office space in Noida and Gurugram to accommodate the growing demand for flexible workspaces from corporations.

Flexible office space provider Awfis Space Solutions plans to double its portfolio to 250 centres by March 2024, fuelled by resilient demand from both corporations and startups.

Google Leases One Lakh Square Feet of Flexible Office Space at Amar Pristine 81 in Koregaon Park Annex, Mundhwa, Pune

Flexible supplier of office space WeWork India has signed a long-term lease with real estate developer K Raheja Corp for a commercial facility in Pune with almost 100,000 square feet of space.

IT services company Persistent Systems has rented almost 2000 seats from Smartworks, a supplier of flexible office spaces as per news from the Indian co-working sector.

Apple India renewed its 52,000-square-foot contract with The Executive Centre, a flexible office operator. In July 2022, Propstack extended the leasing arrangement for 36 months with a 16-month lock-in.

IndiQube leased 40,000 square feet of flexible office space to Facilio, an AI-driven property operations platform. IndiQube's main office building in Guindy, Chennai.

Table Space, a flexible office provider, received USD 300 million from Hill House Capital to grow.