India’s Flexible Office Space Occupancy Exceeds 80% Driven by IT

Occupancy levels of flexible office spaces in India have surpassed 80%, driven by demand from IT companies. Major cities like Mumbai (94%), NCR (92%), Bengaluru (86%), and Hyderabad (84%) are leading this trend, with flexible workspace operators leasing 7.17 million square feet in H1 2024. The sector is expanding as firms prioritize employee well-being and innovation.