myHQ Report: Flexible Workspaces Dominate Demand
Real Estate

myHQ Report: Flexible Workspaces Dominate Demand

myHQ reports that 73 per cent of office space searches in India now favour flexible workspaces, with traditional leasing accounting for less than 27 per cent, signalling a structural shift in workplace demand.
The study, based on 387,000 verified enquiries across 30 countries along with long-term search data, indicates that coworking queries generate five times the volume of traditional office searches. While traditional demand has grown 48 per cent since 2022, flexible workspace demand continues to outpace it significantly.
A key shift is towards intent-driven searches. Queries for meeting rooms rose 187 per cent, virtual offices increased 99 per cent, and day-pass searches grew 20 per cent, with use-case-specific demand now comprising nearly 90 per cent of total coworking searches.
Demand is also expanding geographically and demographically. Cities like Bengaluru, Mumbai, and New Delhi show strong participation, with women accounting for 24.2 per cent of enquiries. International interest is rising, led by the United States, United Kingdom, and UAE.
Sustainability is emerging as a key decision factor, with green-certified office parks accounting for 66.3 per cent of search volumes.
The findings indicate a decisive move away from conventional leasing towards flexible, on-demand workspace models, driven by evolving user needs, hybrid work patterns, and demand for operational agility.

myHQ reports that 73 per cent of office space searches in India now favour flexible workspaces, with traditional leasing accounting for less than 27 per cent, signalling a structural shift in workplace demand.The study, based on 387,000 verified enquiries across 30 countries along with long-term search data, indicates that coworking queries generate five times the volume of traditional office searches. While traditional demand has grown 48 per cent since 2022, flexible workspace demand continues to outpace it significantly.A key shift is towards intent-driven searches. Queries for meeting rooms rose 187 per cent, virtual offices increased 99 per cent, and day-pass searches grew 20 per cent, with use-case-specific demand now comprising nearly 90 per cent of total coworking searches.Demand is also expanding geographically and demographically. Cities like Bengaluru, Mumbai, and New Delhi show strong participation, with women accounting for 24.2 per cent of enquiries. International interest is rising, led by the United States, United Kingdom, and UAE.Sustainability is emerging as a key decision factor, with green-certified office parks accounting for 66.3 per cent of search volumes.The findings indicate a decisive move away from conventional leasing towards flexible, on-demand workspace models, driven by evolving user needs, hybrid work patterns, and demand for operational agility.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement