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India's co-working office supply to grow 21-22% CAGR from FY25-27, says ICRA

May 08, 2025

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The Business Guardian

India's co-working or flexible office or supply will increase at a significant Compound annual growth rate (CAGR) of 21-22 per cent during Financial Year (FY) 2025 FY27 and reach 125 million square feet (msf) by March 2027 for the top six cities, according to a report by ICRA.

India's co-working office supply to grow 21-22% CAGR from FY25-27, says ICRA

Cities such as Bengaluru, Chennai, Delhi-NCR, Hyderabad, Mumbai Metropolitan Region (MMR) and Pune will witness this significant growth, added the report.

The report added that the sector will surpass Rs 600 billion in value by March 2027.

This segment, which has seen one successful initial public offer (IPO) in 2024, is set to witness five major IPOs in the next 12-18 months, which are projected to raise over Rs. 7,000 crore, added the report.

Giving more insight, Anupama Reddy, Vice President and Co-Group Head, Corporate Ratings, ICRA, said, "The flex office supply for top six cities has more than doubled to over 67 msfas of March 2024 from 32 msf as of March 2020."

المزيد من القصص من The Business Guardian

The Business Guardian

The Business Guardian

India, Afghanistan discuss ways to boost textile trade

India and Afghanistan on Monday discussed ways to increase textile trade, with Kabul expressing interest in tapping into India's expertise as the world's second-largest cotton producer, an official statement said.

time to read

2 mins

November 25, 2025

The Business Guardian

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INDIA, EU SET TO FIRM UP FTA, DEFENCE PACT, STRATEGIC AGENDA AT SUMMIT ON JAN 27

Top diplomatic sources told PTI that the free trade agreement to be sealed at the summit in New Delhi will be a “living document” on which work could be continued to iron out any

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2 mins

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The Business Guardian

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TRAI urges citizens to report spam via 'DND App' after massive blacklisting drive

Telecom Regulatory Authority of India (TRAI) has over the past year, acting on citizen complaints, facilitated the disconnection and blacklisting of more than 21 lakh mobile numbers and around one lakh entities involved in sending spam and fraudulent messages.

time to read

1 mins

November 25, 2025

The Business Guardian

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Gold imports drive biggest-ever monthly trade gap in October: RBI Bulletin

India's merchandise trade deficit widened to an all-time high of $41.7 billion in October 2025, driven by a sharp increase in gold and silver imports and a renewed contraction in exports, according to the Reserve Bank of India's (RBI) State of the Economy report in the November 2025 Bulletin.

time to read

1 mins

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The Business Guardian

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Sales growth of listed pvt non-financial cos up 8 pc in Q2: RBI data

“Sales growth of listed private non-financial companies rose 8 per cent during the second quarter of the current fiscal against 5.5 per cent in the preceding three months, led by improvement in all major sectors, the RBI said on Monday.

time to read

1 min

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The Business Guardian

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Delhi Court issues notice

The Delhi High Court on Monday issued notice to the Central government on a plea filed by Christian Michel, accused in the AgustaWestland VVIP chopper case, seeking a declaration that the India-UAE extradition treaty cannot override the Extradition Act, 1962.

time to read

1 mins

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The Business Guardian

Man dies after jumping before metro train in Rohini

A 37-year-old man died in a suspected suicide after allegedly jumping in front

time to read

1 min

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The Business Guardian

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TEJAS CRASH ‘ISOLATED OCCURRENCE,' NO IMPACT ON FUTURE DELIVERIES: JET MAKER HAL

The Company is extending its full support and cooperation to the agencies conducting the investigation.

time to read

2 mins

November 25, 2025

The Business Guardian

The Business Guardian

Samsung Elec, SK hynix shares rebound on eased US market concerns

The stock prices of South Korean chipmakers Samsung Electronics Co. and SK hynix Inc. rebounded early Monday as the main Kospi index recovered on eased market concerns in the United States, as per a report by Pulse, the English service of Maeil Business News Korea.

time to read

1 mins

November 25, 2025

The Business Guardian

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AAP Delhi President questions BJP over open liquor vends on Chhath, Shaheedi Diwas

Aam Aadmi Party (AAP) Delhi state President Saurabh Bharadwaj on Sunday questioned Chief Minister Rekha Gupta and the Bharatiya Janata Party (BJP) government in Delhi over allowing liquor vends to remain open on sacred occasions, despite repeatedly demanding their closure during the tenure of the Arvind Kejriwal government, according to an AAP release.

time to read

1 min

November 25, 2025

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