Flexible workspace stock likely to grow 16-18% to 140-145 million sq ft in FY27-FY28: Crisil

The flexible workspace market in India is gearing up for a robust expansion, with an expected capacity surge of 16-18% by FY28, aiming for 145 million sq ft. Strong demand from various sectors is driving this growth, as operators eye new spaces, particularly in tier II cities. Occupancy rates remain consistent, and profitability forecasts seem favorable.

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