Flexible Office Space Funding Soars

30 Sep 2024 CW Team

Since 2017, flexible office space operators in India have attracted USD 820 million in private equity (PE) funding, driven by growing demand from corporates, according to Knight Frank. The real estate consultant highlighted significant fluctuations in PE investments, beginning with a rise from USD 25 million in 2017 to USD 49 million in 2018, peaking at USD 113 million in 2019. Investors like CLSA Capital and Peak XV Partners played a key role during this period. However, the sector saw a sharp decline during the pandemic, with investments falling to USD 11 million in 2020 and USD 6 million in 2021.

The report pointed to a resurgence in 2022, when investments surged to USD 595 million, led by deals involving Hillhouse Capital and Actis. Despite this rebound, funding dropped to USD 13 million by 2023, with a single deal worth USD 8 million in 2024.

Knight Frank also reported that flexible office space operators leased an estimated 52.9 million square feet between 2017 and mid-2024, recording a compound annual growth rate (CAGR) of 22%. Chairman Shishir Baijal emphasized India's dynamic commercial real estate market, with demand for innovative, employee-centric workspaces growing as India maintains its position as the fastest-growing major economy.

Baijal also noted that flexible office operators are setting future trends by adopting environmental, social, and governance (ESG) principles and advanced technology.

Infrastructure Urban

13 Mar 2026

Implementation Status of Jal Jeevan Mission

Since August 2019 the Government has implemented Jal Jeevan Mission to provide assured potable water through household tap connections in rural India. At the start of the mission only 32.3 million (mn) rural households, representing 16.7 per cent, were reported to have tap water connections. States and union territories have reported that 125.8 mn additional rural households have since been provided with tap connections. As a result, of about 193.6 mn rural households roughly 158.2 mn, or 81.71 per cent, are reported to have tap water supply at home.\n\nThe State, district and village level st..

Jal Jeevan Mission Reaches Eighty One Per Cent Rural Coverage

The Government reported substantial progress under the Jal Jeevan Mission, launched in August 2019 to provide tap water to every rural household. At launch only 32.3 million (mn) rural households had tap connections and states and Union territories reported provision of 125.8 mn additional households by March 2026. Consequently, out of about 193.6 mn rural households around 158.2 mn, or 81.71 per cent, are reported to have tap water at home. The Finance Minister announced extension of the mission until 2028 in the 2025-26 budget speech. The Swachh Bharat Mission Grameen, launched in October 20..

Empowering Local Governance for Sustainable Rural Water Supply

The Ministry of Jal Shakti has aligned the Jal Jeevan Mission (JJM) with the 73rd Amendment to strengthen village level planning and community ownership of water supply. Gram Panchayats, village water and sanitation committees and Pani Samitis are to plan, implement, manage and maintain piped water systems, with gram sabha processes formalising handover and oversight. Implementation support agencies including non government organisations, community based organisations and self help groups have been empanelled to train local committees and promote women participation. Under JJM, the department ..