myHQ by ANAROCK, India’s largest workspace discovery and flexible office solutions platform, has released its Flex Office Market in India 2025 Report, revealing that India is set to become the Asia-Pacific region’s largest flexible office market. The report highlights how flexible workspaces have become a mainstream component of India’s commercial real estate, capturing a growing share of national leasing activity.“Flexible workspaces have evolved from a cost-optimisation tool to a strategic necessity,” said Utkarsh Kawatra, CEO and Co-Founder, myHQ by ANAROCK. “Average corporate deal sizes have risen sharply from 63,000 sq. ft. in 2024 as organisations prioritise speed, flexibility, and scalability. As India crosses the 100 million sq. ft. mark next year, we’re building the infrastructure for how modern India will work and grow.”Key Highlights of the Report1. Stock Distribution Across Major CitiesBengaluru leads with 31% of India’s flex office stock, supported by strong demand from both enterprises and startups. Hyderabad, Pune, and Mumbai each account for 12%, with robust activity in prime corridors such as HITEC City, Baner, and BKC. The NCR region holds 26%, led by Gurugram at 10%, followed by Noida and Delhi at 8% each. Chennai represents 7%, with growth concentrated in the Guindy and Perungudi-OMR belts.2. Corporate Adoption Nears Startup LevelsFlexible workspaces now comprise nearly 20% of India’s total commercial real estate leasing in 2025.The IT/ITeS sector accounts for over 40% of flex demand, 15% higher than its share in traditional office leasing.The BFSI sector has doubled its share from 4.5% in 2023 to 10% in 2025.Average corporate deal sizes have more than doubled — from 25 seats in 2023 to 53 in 2025.Corporates and MNCs now represent 36.3% of total flex workspace adoption, nearly equalling startups (37.5%), but contribute a greater share of total revenue due to larger ticket sizes and preference for Grade A assets.3. Emerging Growth EnginesEnterprise clients are projected to drive over 54% of total flex demand in the next 2–3 years, supported by the rapid growth of Global Capability Centres (GCCs). The hub-and-spoke model is also fueling expansion into Tier-II cities, improving accessibility and supporting ESG goals.Sectors such as Life Sciences, Manufacturing, and Logistics are showing early signs of flex adoption — even small shifts could unlock millions of square feet in new demand.“The flex office sector has transitioned from alternative to essential,” Kawatra added. “With corporates, startups, and GCCs all accelerating adoption, India’s flex market is poised for sustained double-digit growth. Flex is redefining the future of work — driving efficiency, innovation, and inclusion.”