Decoding city accelerators of the Indian flex industry: Perspectives from the top 7 markets

Key Takeaways:

• In each of the cities, the demand for flex space is driven by corporates of different scales belonging to different industries. We explore who among freelancers, start-ups, large enterprises, BFSI, IT/ITeS, Engineering, Manufacturing, etc. are adopting flex spaces.
• While the occupier sentiments have undergone major shifts across the country, the demand patterns in each city varies slightly. We uncover how occupier needs in each of these cities have evolved over time, especially during the pre-pandemic and post-pandemic times.
• The dynamic nature of the market requires flex space providers to constantly innovate and meet occupier requirements. Industry experts share the innovations that play a crucial role in meeting each city’s trending occupier needs.
• The pandemic is one of the main reasons why some of the trending present day occupier needs have emerged before the office space providers. We discover which of these will continue to drive the market growth in long run?
• The industry experts help us foresee the future of flex spaces considering the current occupancy data and trends. They also share how tier-2 markets are the upcoming growth avenues for flex space market.