India Flex Space Leasing Jumps 68% to 191,306 Seats in H1

India’s flexible workspace sector recorded its strongest first-half performance in H1 2026, with 191,306 seats leased across the country’s top eight cities, according to Cushman & Wakefield. This represented a 68.4% year-on-year increase from 113,623 seats leased during H1 2025.

Flex workspace operators recorded 8.4 million sq ft (MSF) of gross leasing volume during the period, up 55% from 5.4 MSF in H1 2025. The segment accounted for nearly 20% of the approximately 43 MSF of overall office leasing activity, compared with a 13% share during H1 2025.

Global Capability Centres (GCCs) remained a major demand driver, contributing 44% of total flex seats leased during H1 2026, compared with 37% during full-year 2025. The trend reflects increasing adoption of flexible and managed workspace solutions by global companies seeking scalable and customised office environments.

Bengaluru retained its position as India’s largest flex workspace market, with 57,487 seats leased, representing 30% of total uptake and a 31.8% year-on-year increase. Hyderabad recorded 40,451 seats, registering a 170.8% rise, supported by demand from technology companies and GCCs.

Mumbai recorded 25,820 flex seats during the period, up 130%, while Delhi NCR saw leasing rise 152.7% to 21,970 seats. Pune recorded 20,900 seats, an increase of 27.8%, while Chennai posted 16,297 seats, up 3.6%.

Ahmedabad registered the sharpest percentage increase, with flex seat leasing rising 570.3% to 4,927 seats from 735 seats in H1 2025. Kolkata recorded 3,454 seats, representing a 48% increase.

Ramita Arora, Executive Managing Director, Bengaluru and Head – Flex, India, Cushman & Wakefield, said flexible workspaces have become an integral part of corporate real estate strategies as enterprises increasingly prioritise agility, efficiency, technology-enabled workplaces and customised office environments.

The company expects continued demand from enterprises and GCCs, supported by growing adoption of managed offices, sustainability-focused workplaces and improving governance standards among flex space operators.

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