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.

Company demand for flexible workspaces will peak in 2024. In the first half of 2023, 106,554 seats have been rented, compared to 155,000 for the year. Leasing is growing rapidly due to economic development, changing work dynamics, and the necessity for cost management.

Table Space, a managed workspace provider, will spend $100 million (₹840 crore) in office assets, include a ₹450 crore agreement with Panchshil Realty for 900,000 square feet of space in Pune. Table Space will make many acquisitions to extend its presence in India's main cities.

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.

Smartworks has proudly announced its newest jewel in the crown, RK Four Square, a state-of-the-art office space nestled in the dynamic Cyber City of Gurugram.

Table Space Technologies leased over 100,000 square feet at Cafe Coffee Day Square in Bengaluru to expand, highlighting India's growing need for flexible offices. Once Cafe Coffee Day's corporate headquarters and flagship shop.

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.

One of Bangalore's biggest co-working space deals: IndiQube leased a 1,037-seater premium managed workplace to Ninjacart in Bengaluru's Outer Ring Road Corridor, according to Colliers, the real estate consultancy that coordinated the deal.

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.