India’s top seven cities have nearly 1,400 coworking centres, with 10 big operators holding two-thirds of the total 82 million square feet of flexible managed workspaces, according to Vestian.
Real estate consultant Vestian’s latest report also highlighted that more than 475 coworking centres currently host Global Capability Centres (GCCs) bases.
“As India’s GCC landscape continues to evolve, flexible space operators will remain indispensable partners, offering flexibility, faster speed to market, and enterprise-grade infrastructure that global companies require, to scale efficiently in a highly competitive market,” said Shrinivas Rao, CEO of Vestian.
The consultant noted that the total stock of flexible workspaces has expanded to 82.3 million sq ft spread across nearly 1,400 centres in the top seven cities.
“However, the market continues to remain consolidated, with the top 10 operators controlling 67 per cent of the total stock,” it added.
Bengaluru leads with 33.2 per cent shar​India’s top seven cities have nearly 1,400 coworking centres, with 10 big operators holding two-thirds of the total 82 million square feet of flexible managed workspaces, according to Vestian.
Real estate consultant Vestian’s latest report also highlighted that more than 475 coworking centres currently host Global Capability Centres (GCCs) bases.
“As India’s GCC landscape continues to evolve, flexible space operators will remain indispensable partners, offering flexibility, faster speed to market, and enterprise-grade infrastructure that global companies require, to scale efficiently in a highly competitive market,” said Shrinivas Rao, CEO of Vestian.
The consultant noted that the total stock of flexible workspaces has expanded to 82.3 million sq ft spread across nearly 1,400 centres in the top seven cities.
“However, the market continues to remain consolidated, with the top 10 operators controlling 67 per cent of the total stock,” it added.
Bengaluru leads with 33.2 per cent shar ​Latest News [ SOBAN NEWS: International and National ]
