India, March 24 -- Flexible office space in India has crossed the 100 million sq. ft. mark, with total inventory tripling between 2020 and 2025 to reach 110-114 million sq. ft., growing at a 23-25% CAGR over the past five years. The sector now comprises over 500 operators across nearly 2,600 unique centres. Bengaluru leads as the largest flexible workspace market with 30-32 million sq. ft. of stock, followed by Delhi-NCR at 21-23 million sq. ft, a report by CBRE India said on March 24.

Bengaluru is followed by Delhi-NCR with a stock of 21-23 mn. sq. ft. and Pune at 13.6-14.6 mn. sq. ft. Like Bengaluru, Delhi-NCR witnesses demand from sectors such as IT, technology and software development, BFSI, and Business Consulting and Professional S...