New Delhi, Oct. 12 -- Flexible space operators are in a solid form. Shares of WeWork India Management, Indiqube Spaces and Smartworks Coworking Spaces have rallied 17-39% in the last six months. Rising preference for flexible working spaces over traditional leasing has sparked excitement. In the first nine months of 2026 (9MCY26), flex operators accounted for a 24% share of overall leasing at the all-India level, with office transactions totalling 16.1 million square feet, up 14% year-on-year.

Flexible space companies usually take an area from a landlord, upgrade it to a ready-to-use office infrastructure and then offer it to customers ranging from freelancers to startups/enterprises. There is more flexibility on rentals/lease duration c...