India's commercial office market shows strong recovery with vacancy rates falling 210 basis points, driven by Global Capability Centre expansion and robust domestic demand across major cities.

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.

India's office leasing market achieves 48.9 million sq ft in H1 2025, with Bengaluru leading at 18.2 million sq ft. Explore key trends in commercial real estate, flexible workspaces, and market projections for corporate occupiers and property investors across major Indian cities.

Vyapar secures 90,000 sq ft at Enzyme's new Sarjapur facility, marking one of Bengaluru's largest flex office deals. Only 30,000 sq ft remains in the 1.2 lakh sq ft premium workspace hub.

State Street’s 2.1 lakh sq ft lease in Coimbatore highlights the surge in office space demand in India’s Tier-II cities. Discover why companies are shifting to smaller cities for cost efficiency, skilled talent, and flexible work models.

With 40 new spaces planned this year, IWG eyes India’s booming hybrid workspace demand to drive global growth.

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.

India’s flex space market is booming, with pre-leasing surging as office supply falls short in metro cities, driving demand for flexible, ready-to-move solutions.

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.

Indian real estate IPOs have gained pace due to high demand in residential, commercial, and retail industries. Real estate IPOs generated ₹13,553 crore in 2024, a significant rise from the previous year, as firms use capital markets for growth.

Company demand for flexible workspaces will peak in 2024. In the first half of 2023, 106,554 seats have been rented, compared to 155,000 for the year. Leasing is growing rapidly due to economic development, changing work dynamics, and the necessity for cost management.

WeWork India leased 140,000 square feet of office space in Bengaluru and Noida to accommodate flexible workspace demand. Their portfolio will grow by 2,400 seats with these additional offices opening between September and October.

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.

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.