Frank Cottle shares that India have scored a perfect 100 on Cushman & Wakefield's maturity index, surpassing traditional leaders like the U.K., France, and the U.S. in flexible office market development. The country currently holds nearly 80 million square feet of flexible workspace inventory across its top eight cities, with Bengaluru commanding 30% of that space, and is expected to reach 85 million square feet by end of 2025 and surpass 100 million square feet by 2026.

Demand has increased nearly sixfold since 2020, with flexible spaces accounting for 15% of all new office leases in 2024, while international enterprises drove 72% of flexible seat absorption compared to 28% from startups. Flexible workspace providers leased 33.5 million square feet between 2022 and 2024, with the managed office model now representing 70-80% of post-pandemic leases, and four operators have already gone public with more IPOs expected.