India’s flex space market is booming, with pre-leasing surging as office supply falls short in metro cities, driving demand for flexible, ready-to-move solutions.

To expand, flexibility provider Incuspaze leased 325,000 sq ft of office space at QUBE Software Park in Bengaluru. Previously leased 156,000 sq ft in Whitefield, this demonstrates the company's aggressive growth ambition. INCUSpaze is expanding into Bengaluru's IT industry.

Flexible workspace provider Smartworks has expanded internationally by leasing 35,000 square feet of office space in Singapore. Smartworks is one of the first Indian flexible workspace companies to operate abroad.

A senior official at Bhive Workspaces, a top provider of managed office spaces, has announced plans for an IPO valued over ₹800 crore in the coming year. Before the IPO, Bhive wants to diversify its portfolio by lowering its 95% reliance on Bengaluru.

The premier managed workspace provider Table Space recently completed a major leasing deal with real estate developer Runwal. The agreement leases about 1.31 lakh sq ft of office space in Runwal's commercial skyscraper in crowded Andheri, Mumbai.

Awfis Space Solutions, a leading workspace solutions provider, filed its Draft Red Herring Prospectus (DRHP) with SEBI for an IPO. An OFS of up to 1 crore equity shares is offered with a new offering of up to INR 160 crore in the IPO.

Flexible office space provider Awfis Space Solutions plans to double its portfolio to 250 centres by March 2024, fuelled by resilient demand from both corporations and startups.

Table Space, a flexible office provider, received USD 300 million from Hill House Capital to grow.

Managed office space provider Smartworks has leased around 200,000 sq ft to five companies in its new flexible workspace centre in suburban Pune’s Baner area.