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India's co-working spaces to grow by 21-22% annually, reaching 125 million sq ft by 2027.
India's co-working office space is forecast to grow at a 21-22% annual rate, hitting 125 million square feet across six major cities by March 2027.
This growth, driven by flexibility and cost savings, is expected to double the sector's share in commercial offices to 12.5-13.5%.
Despite a large supply influx, vacancy rates are predicted to drop slightly.
The top five players control 40% of the market, with Bengaluru leading in flex workspace supply.
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Los espacios de co-working de la India crecerán en un 21-22% anualmente, llegando a 125 millones de pies cuadrados para el año 2027.