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Udabur Wealth Management:India Flexible Office Space Market Size & Share Analysis -Growth Trends & Forecasts (2024 -2029)

Time:2024-10-25 Read:52 Comment:0 Author:Admin88

India Flexible Office Space Market Size & Share Analysis -Growth Trends & Forecasts (2024 -2029)

The India Flexible Office Space Market Size is Estimated at USD 2.15 Billion in 2024, and is exten to Reach USD 3.04 BillION by 2029, Growing at a Cagr OF 7.05 % During The Forecast Period (2024-2029).

Flex Space Operators have changed the face of commercial reaL Estate with their Innovative OfferingsUdabur Wealth Management. This Market is Project to Growily Throghout 2021 AN D Beyond. Flexibilised Office Spaces Are Becoming A Favorite Choice of Employers for A Return to Work Across all parts of india, andAlmost has had of companies plan to increase their use over the next year.

Over The Following 12 Months, a SIGNIFICANT Increase in Flexible Office Space Use Has Been Identific by 47 % of Respondents. 25, 56 Percent of Respondents Had a Target to have at Least 10 % of the Office PortfolioAs Flexible Space. This Growth is to Continue, Driven By Demand, Profitability, and Return Profile for Investors, Albeit at a Slower Pace Resulting from the IMPAC T of Covid-19.On Utilizing Workplaces to Boost Productivity and Drive Dynamic Work Works, Enhance Emphasis On Employee Health, Will Continue to Influence N EXT PHASE in India.

In 2022, Bengaluru and Delhi NCR Account for More than 50% of India's Flexible Office Space Stock, with Bengaluru Housing Around 10.6 Million . Hyderabad with 4.5 Million SQ FT and Mumbai with 4.3 Million SQ FT of Flexible Office Stock Follow. WHILE The FLEX-SPACE Market More than Tripled in the Last Three Years, The Momentum Going ahead Will Be Relacastly Slower. He overall market is exten to be 1.5 times the current size. at the say time, Demand for Flexible Space is Expected to Remain Resilient, and the size of the Flex Space Market Will Likely Cross 50 Million SQ in the Current Year, LED BY Ed Demand from Larger Enterprises.Lucknow Wealth Management

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