+
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
Infrastructure Urban

Emiza Expands Bhiwandi Fulfilment Capacity by 2.32 Lakh Sq Ft

Emiza, a leading third-party logistics (3PL) provider, has expanded its Mumbai operations with the launch of two new fulfilment facilities in Bhiwandi, adding a combined capacity of 2.32 lakh sq ft to its network.The new facilities, spread across 75,000 sq ft and 1,57,000 sq ft, mark Emiza’s fifth and sixth warehouses in the Mumbai region. The expansion strengthens the company’s fulfilment infrastructure in Western India amid the rapid growth of India’s digital commerce ecosystem.With increasing online consumption, wider product categories and rising customer expectations for faster deli..

Next Story
Infrastructure Urban

Ingersoll Rand Showcases Air Solutions for Semiconductor Sector

Ingersoll Rand will showcase its advanced compressed air solutions for India’s growing semiconductor ecosystem at SEMICON India 2026, scheduled from September 17–19 at Yashobhoomi, New Delhi.The company will display its portfolio of oil-free compressors, centrifugal compression technologies and advanced air treatment systems at Stall No. 1156, Hall No. 1. The solutions are designed to address the stringent air quality, reliability and efficiency requirements of semiconductor manufacturing applications.With India accelerating investments across semiconductor manufacturing, packaging, equipm..

Next Story
Infrastructure Energy

RECPDCL Transfers Musalgaon Transmission SPV to MSETCL

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has handed over Musalgaon Power Transmission Limited, a project-specific Special Purpose Vehicle (SPV), to Maharashtra State Electricity Transmission Company Limited (MSETCL).MSETCL emerged as the successful bidder through the Tariff-Based Competitive Bidding (TBCB) process conducted by RECPDCL, the Bid Process Coordinator, for developing Maharashtra’s intra-state transmission project on a Build, Own, Operate and Transfer (BOOT) basis.The SPV was handed over by Shri Ratnesh Kumar, General Manag..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code