🏢 India co-working office leasing report 2025

India’s co-working space market is booming. According to a new report by Colliers India, office leasing by flex space providers surged by 48% year-on-year during the first half of 2025 (Jan–June), reaching 65 lakh square feet across the top 7 Indian cities.

📈 Flexible Office Space Demand Soars in 2025

• Leased area: 65 lakh sq ft
• Growth rate: 48% YoY rise (compared to 44 lakh sq ft in H1 2024)
• Top cities: Bengaluru, Hyderabad, Delhi-NCR, Mumbai, Pune, Chennai, and Kolkata
• Primary demand driver: Hybrid work model and enterprise-level adoption of managed workspaces

🏙️ Top Performing Cities in Shared Office Leasing

The majority of demand came from Bengaluru, followed by Hyderabad and Delhi-NCR. These cities continue to be the epicenters of startup activity, IT growth, and flexible workspace expansion.

🔹 Bengaluru: India’s Co-Working Capital

Bengaluru contributed the largest chunk to this flexible office leasing boom, thanks to its robust tech ecosystem and large startup base.

🔹 Hyderabad & Delhi-NCR: Rising Stars

Hyderabad showed impressive gains with Grade-A spaces being increasingly adapted for coworking office use. NCR, especially Gurugram, remains a strong market for enterprise clients seeking premium shared office solutions.

📊 What’s Driving the Rise in Co-working Leasing?

The sharp rise in leasing by co-working operators is attributed to:

• Enterprise shift toward agile workspace models
• Return-to-office mandates post-COVID-19 easing
• Increased demand for cost-effective, scalable solutions
• Startups and freelancers preferring plug-and-play solutions

🔮 Future Outlook for India’s Flexible Office Market

Industry experts predict that co-working and managed offices will account for more than 20–25% of total office demand in the coming years. Operators like WeWork India, Awfis, Smartworks, and Indiqube are aggressively expanding their portfolios.

📌 Internal Link:

Read our related post on India’s Post-COVID Real Estate Trends for more insights.

✅ Key Takeaways

• Co-working leasing grew 48% YoY in Jan–Jun 2025
• 65 lakh sq ft of office space leased in 7 major cities
• Enterprise clients driving demand for flexible offices
• Shift toward hybrid work model boosting coworking sector

📣 Conclusion: A Flexible Future for Indian Workspaces

The rise in office space leasing by co-working firms signals a structural shift in India’s commercial real estate sector. With more businesses opting for hybrid, flexible workspace models, the demand for managed offices will continue to grow.