Delhi-NCR is posting record growth in flexible office space leasing, with flexible workspace operators taking about a 45% share of leasing activity in the most recent quarter, according to reports. The broader office market also sees record absorption in the same period, indicating sustained tenant demand. Across India, Delhi-NCR is described as one of the top office leasing markets, alongside Bengaluru and Pune, and the three markets together account for roughly 58% of national office absorption. The shift toward flex space is associated with companies adopting more agile workspace strategies, often described as “core plus flex,” combining traditional space with flexible capacity. Demand is reported to be especially strong for high-quality offices, with a focus on sustainability and flexibility. Across the sources, the picture is of a quarter in which both leasing volumes and tenant interest in flexible, well-located office assets rise, and flexible operators become an increasingly visible part of deal flow in Delhi-NCR.
Delhi-NCR flex office leasing reaches record as operators gain 45% share
Delhi-NCR is posting record growth in flexible office space leasing, with flexible workspace operators taking about a 45% share of leasing activity in the most recent quarter, according to reports. Th...
- Flexible workspace operators account for about 45% of Delhi-NCR office leasing activity in the quarter.
- Delhi-NCR flex office leasing reaches a record high.
- Delhi-NCR, Bengaluru and Pune together contribute about 58% of national office absorption.
- India’s office market records high absorption in the quarter.
- Demand is concentrated on high-quality, sustainable, flexible office assets, with tenants using a “core plus flex” approach.
Flexible workspace operators are now leading Delhi-NCR's office leasing activity. This trend reflects a growing preference for agile and adaptable office portfolios. Companies are increasingly adopting a "core plus flex" model for their workspace needs. India's overall office market also saw record absorption during the quarter. Demand remains strong for high-quality, sustainable, and flexible office assets.
2 hours agoDelhi-NCR emerged as one of the top three office leasing markets in India, alongside Bengaluru and Pune, together contributing 58% of national office absorption.
10 hours ago
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