OpenAI has established its first India office in New Delhi with a 50-seater workspace from CorporatEdge, marking a strategic expansion into the country's booming AI ecosystem as ChatGPT usage in India quadruples year-over-year.

Industry experts report Delhi's real estate sector is witnessing remarkable revival across commercial office, retail, and residential markets, attributed to supportive government policies and growing investor confidence.

India's six premier office markets achieved unprecedented 65 million sq ft leasing volumes in FY2025, marking 14% growth driven by GCCs, BFSI sector, and flexible workspace operators across Bengaluru, Chennai, Delhi-NCR, Hyderabad, Mumbai, and Pune.

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.

Managed office space provider Smartworks has leased around 200,000 sq ft to five companies in its new flexible workspace centre in suburban Pune’s Baner area.