India’s flexible workspace segment is expected to expand its capacity by 16-18 per cent over the current and next financial years to reach 140-145 million square feet, driven by rising demand from global capability centres (GCCs), domestic corporates and start-ups, according to Crisil Ratings.
The report noted that the segment has already witnessed strong growth, expanding at a compound annual growth rate of around 23 per cent over the past three fiscals through FY26. The demand for flexible workspaces is being…