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₹2,250 Crore & Counting: India’s Flex Office Boom

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₹2,250 Crore & Counting: India’s Flex Office Boom Analytics Table

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India’s flex office market has started FY27 on a strong note, with leading operators reporting significant revenue growth and increasing demand from enterprise clients. In Q1 FY27, five major flex office operators together recorded ₹2,250+ crore in revenue, while Smartworks led growth at 44% and WeWork India remained the largest by revenue at ₹698 crore. The market is also being shaped by growing enterprise demand and Global Capability Centres (GCCs), which accounted for 45% of gross leasing across India’s top seven cities. Meanwhile, office vacancy declined to around 15.5% and average rents increased 9% year-on-year to ₹96 per sq. ft. As AI and global technology companies continue to reshape workspace demand, the next big question is whether India’s flex office players can turn rapid growth and scale into sustainable margins. Share, Support, Subscribe!!! Subscribe: https://www.youtube.com/@realtynmore About : Realty & More is a digital platform where you will find everything related to the real estate industry from latest news to expert insights. Follow Us on Social Media: Website: https://realtynmore.com YouTube: https://www.youtube.com/@realtynmore Instagram: https://www.instagram.com/realtynmore Facebook: https://www.facebook.com/realtynmoreIN Twitter (X): https://twitter.com/realtynmoretv

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