Co-working Surpasses IT/ITeS as India's Leading Office Occupier: Anarock Report
India's office space market has seen co-working surpass IT/ITeS as the largest occupier for the first time from January to September 2026, according to Anarock Research. The co-working sector accounted for 26% of total demand.
What Happened?
India's office space market has seen co-working surpass IT/ITeS as the largest occupier for the first time from January to September 2026, according to Anarock Research. The co-working sector accounted for 26% of total demand.
AI Quick Summary
Co-working has become the largest office space occupier in India, surpassing IT/ITeS for the first time, according to Anarock.
Key points
- Co-working has overtaken IT/ITeS as the largest office space occupier in India for the first time.
- The co-working sector held a 26% share of total office demand from January to September 2026.
- IT/ITeS accounted for 25% and BFSI for 21% of the total office space demand.
- The demand for co-working and BFSI combined reached 47% of total leasing in the first nine months of 2026.
- Flexible workspaces are becoming a core part of corporate growth strategies.
Key insights
- The rise of co-working spaces reflects a structural shift in office space utilization.
- Enterprises are increasingly focusing on agility and capital efficiency through flexible workspaces.
- The demand for flexible office solutions is expected to grow as new business models emerge.
Why it matters
This shift indicates a growing preference for flexible workspaces among businesses in India.
Source
Business Standard
