India Tops Co-Working Maturity Index Worldwide, with Estimates to Reach 100 Million sq ft by 2026

New Delhi, 19 September – India has solidified its place as the world’s most advanced co-working market. This came after Cushman & Wakefield’s Global Trends in Flexible Office 2025 research put India at the top. The country beat over traditional office markets like the UK, France, the US, Japan, and Singapore. This shows how quickly it is becoming the world’s center for flexible and managed workspaces.

India Scores a Perfect 100

India got a flawless score of 100 on Cushman & Wakefield’s maturity index. The UK got 98, France got 97, the US got 81, and Japan and Singapore got 77. This choice was made for a number of reasons, such as the ability to change the amount of office space, the number of suppliers, the amount of leasing activity by operators, and the use of new types of flexible agreements.

Market Size and Growth Plans

India currently is Asia-Pacific’s largest flexible office market with 79.7 million sq ft of space across the top eight cities as of June 2025. The footprint is projected to grow to 85 million sq ft by December 2025 and reach more than the 100 million sq ft mark by 2026.

Ramita Arora, Bengaluru Head – Flex, India and Managing Director, Cushman & Wakefield, referred to India as a “pacesetter in the world flexible office ecosystem” due to its varied operator base and high resilience to emerging demand trends.

Corporate Demand Increase

Leading industry players noted that post-pandemic adoption of Core + Flex models is fueling growth at a faster pace.

Neetish Sarda, Smartworks Founder, stated corporates are prioritizing efficiency, agility, and sustainability.

Shesh Rao Paplikar, CEO of BHIVE Workspace, stated mid-sized GCCs and firms seek hassle-free, scalable products.

Manas Mehrotra, Founder of 315Work Avenue, witnessed MNCs redefining real estate strategies depending on co-working hubs.

Aashit Verma, Founder of Hanto Workspace, linked demand to India’s economic growth and cost-optimisation needs.

James Thomas, SpazeOne Founder, emphasized that hitting the 100 million sq ft milestone is a tipping point toward flexible and collaborative offices.

IPO Momentum and Sector Consolidation

The research also talked about how the capital markets were getting busier, with at least four co-working operators already listed and additional IPOs coming up soon. This will probably make things more open and give investors more faith. In the next three to five years, consolidation will happen. Analysts think that the dominance of bigger companies will continue to grow, although specialist providers will still be able to serve niche markets like startup clusters and regional business hubs.

Future Prospect

India’s leadership position in the worldwide co-working maturity index is not only a reflection on its forefront position in flexible workspace adoption, but also its role as a leading player in the future of international office markets. With accelerating enterprise take-up, investor activity, and expanding IPO activity, the sector is poised to be a 100+ million sq ft business by 2026.

Industry experts believe that India’s co-working revolution can influence policy and design standards around the world and be a model for how flexible workspaces can impact business productivity along with urban development.

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