India, June 23 -- India's flex workspace market is witnessing one of its strongest growth phases, with the total market capacity projected to expand to 140-145 Mn sq ft by FY28.

As enterprises expand across cities at an unprecedented pace and global companies scale their presence in India, the traditional model of long-term leases, heavy capex, and time-consuming office setups has begun cracking.

The momentum in this shift comes from the surge in Global Capability Centres (GCCs) in India. This booming segment is expected to drive demand for 160-200 Mn Sq Ft of office space by 2030, with flex workspaces likely to capture nearly half of this.

Yet, despite this growing relevance, flex workspaces weren't always seen as enterprise-grade inf...