India's flexible office space stock may double to 180 million sq ft by 2030: Colliers-CII
New Delhi, Oct. 28 -- Flexible office space stock across India's top seven office markets could nearly double to 170-180 million square feet by 2030 from an estimated 90 million square feet in 2026, as rising enterprise demand and the expansion of Global Capability Centres (GCCs) strengthen adoption, according to a report by Colliers and the Confederation of Indian Industry (CII).
The report said flexible workspaces could account for nearly one-third of overall Grade A office leasing by 2030, up from an estimated 20-25 per cent currently. Their share of total Grade A office stock is also expected to rise from around 10 per cent to 14-15 per cent over the next few years.
The report points to a shift in how companies use flexible offices,...
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