65% Indian Firms Plan Flexible Workspaces by 2027: CBRE-FICCI Report

• Nearly 65% of Indian office occupiers expect to integrate flexible workspaces into their portfolios by 2027, up from 55% currently.
• Flexible workspaces have evolved from start-up enablers to a core component of corporate real estate strategy, serving large corporations, GCCs, and MSMEs.
• India's flexible workspace stock has tripled between 2020 and 2025, reaching 110-114 MSF, with over 90% in Tier-1 cities.
• Bengaluru leads with 30-32 MSF of flexible stock, while Pune has the highest penetration nationally at 14-16%.
• The sector is seeing deeper capital market integration, with listed operators having a market cap of USD 2.0-2.2 billion, supporting expansion.