Smartworks Coworking Spaces has signed India's largest flexible office lease, securing 8.15 lakh square feet at Hiranandani Group's Eastbridge development in Vikhroli West, Mumbai, with operations set to commence in Q4 2026.

WeWork India has successfully raised ₹1,348.26 crore from 67 anchor investors at the upper price band of ₹648 per share, setting a strong foundation for its upcoming IPO scheduled to open this Friday.

Co-working solutions provider Indiqube Spaces announced its ₹5,000 crore IPO launch on July 23, testing investor appetite in India's booming flexible workspace sector with fresh equity shares and expansion plans.

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.

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.

Table Space, a managed workspace provider, will spend $100 million (₹840 crore) in office assets, include a ₹450 crore agreement with Panchshil Realty for 900,000 square feet of space in Pune. Table Space will make many acquisitions to extend its presence in India's main cities.

A senior official at Bhive Workspaces, a top provider of managed office spaces, has announced plans for an IPO valued over ₹800 crore in the coming year. Before the IPO, Bhive wants to diversify its portfolio by lowering its 95% reliance on Bengaluru.

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.

One of Bangalore's biggest co-working space deals: IndiQube leased a 1,037-seater premium managed workplace to Ninjacart in Bengaluru's Outer Ring Road Corridor, according to Colliers, the real estate consultancy that coordinated the deal.