India, June 13 -- India PR Distribution

Mumbai (Maharashtra) [India], June 13: The flexible workspace segment is witnessing a remarkable transformation in India's commercial real estate landscape, with India's metro cities leading the charge. Amid this momentum, Flexo, a new-age commercial real estate advisory and marketplace, is positioning itself as a key enabler for companies embracing agile and cost-efficient workspace models.

According to recent industry data, flexible workspaces accounted for over 12.5 million sq ft of office leasing in 2024, a 44% year-on-year jump. In Mumbai alone, vacancy rates dropped to 11.9% - the lowest in years - driven in part by strong uptake of managed offices and coworking spaces.

"This isn't just a r...