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

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.

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.

Related Stories

Gold Stories

Next Story
Real Estate

BMC OC Amnesty Scheme Requires Key Approvals from Mumbai Societies

The Brihanmumbai Municipal Corporation (BMC) has clarified that housing societies applying under its Occupation Certificate (OC) amnesty scheme must possess key approvals linked to the original construction. The requirements include a valid Intimation of Disapproval (IOD), an approved building plan and a Commencement Certificate (CC), along with a No Objection Certificate (NOC) from the developer or original construction applicant. The Standard Operating Procedure (SOP) makes clear that the absence of an OC alone will not qualify a building for relief. Societies must establish that their build..

Next Story
Real Estate

Gurugram Emerges as Luxury Senior Living Hub

Gurugram is emerging as a potential hub for luxury senior living, supported by available land, healthcare infrastructure, connectivity and a concentration of affluent professionals, high-net-worth individuals and non-resident Indians. These factors could give the city an advantage over land-constrained metros such as Mumbai. A report by the Association of Senior Living India (ASLI) and JLL estimates that India’s organised senior living market could represent a $10.1 bn opportunity by 2030. The sector had about 25,050 organised units as of June 2026, while penetration stood at only 1.5 per ce..

Next Story
Real Estate

Corrosion Costs India’s Infrastructure Rs. 142 bn Annually

Corrosion costs India an estimated Rs. 1.42 tn annually, equivalent to 4.3 per cent of gross domestic product, according to a report by the Confederation of Indian Industry and the National Research Institute. Infrastructure accounts for Rs. 142 bn of the annual burden, making it the sector with the largest absolute cost among those examined. The report, presented at the CII Annual Infrastructure Summit 2026, said the infrastructure-sector cost equals about 2.9 per cent of the sector’s gross domestic product. It estimated that effective measures could generate maximum savings of Rs. 495.8 bn..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code