Mumbai, Feb. 17 -- The flex space segment has emerged as the second-biggest contributor to India's office leasing market in 2024, capturing 19.8 per cent of the annual gross leasing activity and setting a new record of 15.3 million sq. ft, according to JLL.

The rapid rise of this segment underscores its growing prominence as businesses embrace flexible workspace solutions.

Delhi NCR emerged as the top market for flex space leasing, commanding a 42 per cent share of total flex leasing activity in India.

Pune followed with 14 per cent, while Bengaluru, traditionally the largest flex market, secured third place with a 13 per cent share. Notably, Delhi NCR, Pune, and Mumbai recorded their best-ever leasing year in 2024, reinforcing a stron...