New Delhi, Dec. 12 -- The flexible office segment in the country is set for strong expansion, with the market expected to grow by more than 25 per cent CAGR by CY27E, unlocking an opportunity of nearly Rs 330 billion, highlighted a report by Ambit Capital.

According to the report, India's flex workspace market has emerged as a proxy play on traditional commercial real estate.

The post-COVID shift towards hybrid work has played a key role in accelerating the adoption of flexible workspaces, especially among large enterprises. Flex leasing provides nearly 20 per cent cost savings for tenants compared to traditional leasing models, which has further driven demand.

It stated "Flex segment is set to grow at >25 per cent CAGR by CY27E, imply...