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Ahmedabad’s flex workspace leasing explodes 570%: Is India’s boom spreading beyond Bengaluru, Mumbai & Delhi?

Ahmedabad’s flex workspace leasing explodes 570%: Is India’s boom spreading beyond Bengaluru, Mumbai & Delhi?

Ahmedabad’s flex workspace leasing surged 570.3% year-on-year in H1 2026, pointing to a rapid expansion in demand beyond India’s biggest office markets. With Kolkata and other cities also recording growth, the trend suggests flexible workspaces are gaining traction across a broader geographic footprint.

Basudha Das
Basudha Das
  • Updated Aug 27, 2026 1:32 PM IST
Ahmedabad’s flex workspace leasing explodes 570%: Is India’s boom spreading beyond Bengaluru, Mumbai & Delhi?According to Cushman & Wakefield data, Ahmedabad recorded 4,927 flex seats leased in H1 2026, up from just 735 seats in the same period last year.

Ahmedabad is emerging as a fast-growing flexible workspace market, with seat leasing surging 570.3% year-on-year (YoY) in the first half of 2026. The sharp rise, alongside strong growth in Kolkata and other cities, suggests India’s flex workspace expansion is beginning to reach beyond its traditional metropolitan hubs.

According to Cushman & Wakefield data, Ahmedabad recorded 4,927 flex seats leased in H1 2026, up from just 735 seats in the same period last year. While the city’s volumes remain relatively small compared with Bengaluru, Hyderabad and Mumbai, the pace of growth highlights rising demand for flexible office formats across a wider set of markets.

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Smaller cities join the flex workspace expansion

Kolkata also recorded a strong increase, with flex seat leasing rising 48% YoY to 3,454 seats in H1 2026 from 2,334 seats a year earlier. Pune, meanwhile, saw seat uptake rise 27.8% to 20,900, while Chennai posted a more modest 3.6% increase to 16,297 seats.

The expansion comes as India’s overall flex workspace market recorded its strongest first half on record. Flex operators leased 191,306 seats across the top eight cities in H1 2026, a 68.4% increase from 113,623 seats in H1 2025.

Flex operators also recorded 8.4 million square feet (MSF) of gross leasing volume (GLV) during the period, up 55% from 5.4 MSF a year earlier. Their share of overall office leasing rose to nearly 20%, compared with 13% in H1 2025.

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The numbers indicate that flexible workspace is gaining traction as companies look for office solutions that can be scaled more quickly across different markets.

Hyderabad and NCR show broader shift

The expansion is not limited to smaller markets. Hyderabad recorded one of the strongest increases among major cities, with flex seat leasing jumping 170.8% to 40,451 seats. Delhi NCR saw a 152.7% increase to 21,970 seats, while Mumbai recorded 25,820 seats, up 130%.

Bengaluru remained the largest flex market, accounting for 30% of total seat uptake with 57,487 seats, although its 31.8% YoY growth was considerably lower than that of several other markets.

City Flex seats leased H1 2025 Flex seats leased H1 2026 YoY growth
Ahmedabad 735 4,927 570.3%
Bengaluru 43,616 57,487 31.8%
Chennai 15,731 16,297 3.6%
Delhi NCR 8,693 21,970 152.7%
Hyderabad 14,936 40,451 170.8%
Kolkata 2,334 3,454 48.0%
Mumbai 11,226 25,820 130.0%
Pune 16,352 20,900 27.8%
Total 113,623 191,306 68.4%

Global Capability Centres (GCCs) are an important factor behind the wider expansion. They accounted for 44% of total flex seats leased in H1 2026, up from 37% for full-year 2025.

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“Flexible workspaces have firmly established themselves as a core element of corporate real estate strategies,” Ramita Arora, Executive Managing Director, Bengaluru and Head-Flex, India, Cushman & Wakefield, said.

“As enterprises seek greater agility and efficiency, flex and managed office solutions are becoming an integral part of long-term workplace planning,” Arora added.

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She said occupiers are increasingly seeking “highly customized, experience-led workplaces”, with flex operators delivering environments that reflect global office standards, brand identity and workplace culture.

The sharp rise in Ahmedabad and Kolkata, therefore, points to a broader evolution: flex workspace demand is no longer concentrated only in India’s biggest office markets, as companies increasingly use flexible formats to support expansion across a wider geographic footprint.

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ABOUT THE AUTHOR

Basudha Das
Basudha Das

With over 16 years of experience in the newsroom, I am currently covering personal finance, banking, financial services, and insurance sector, bullion and metals, sports, and other trending topics. When not chasing interest rates and new-age investment tools, I like to follow and cover climate change trends and environment-friendly initiatives across the world. When not at work, I spend time learning Bharatnatyam from my guru, and baking from my daughter.

Published on: Aug 27, 2026 1:30 PM IST