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Flexible office space market set for big growth

Flex space stock across the top six cities has almost doubled since 2019, and is currently at 43.5 mn sq ft, comprising 6.3% of the total Grade A office stock. India s flex space market has outpaced peers in the Asia Pacific region as it grew stronger and bigger post pandemic amid evolving workplace trends, increasing diversification of occupier-base and realignment of real estate portfolio by corporates.

Indian office market shows higher affinity for shared work spaces: Colliers-FICCI report

Indias flex space market has grown stronger and bigger post pandemic, faster than its peers in the APAC region, due to evolving workplace trends, increasing diversification of occupier-base and realignment of real estate portfolio by corporates.

India s flex space stock to reach 80 m sq ft by 2026: Report

India s flex space stock to reach 80 m sq ft by 2026: Report
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Ninjacart consolidates its operations into a bigger campus, Retail News, ET Retail

Established in 2015, Ninjacart has raised $377 million (about Rs 3,100 crore) from investors such as Tiger Global Management LLC, Accel and Infosys co-founder Nandan Nilekani. In its latest funding round, it secured about $145 million (Rs 1,200 crore) from Flipkart and Walmart, reaching a valuation of $815 million (Rs 6,780 crore). Flexible office spaces continue to gain ground with occupiers as they focus on building operational efficiencies through a distributed work model.

IndiQube leases managed workspace to Ninjacart in Bengaluru

Located close to the Outer Ring Road corridor, the commercial asset is in close proximity to an upcoming metro connection and will eventually provide added convenience to employees.

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