Managed Office Spaces are rapidly emerging as the preferred workplace model for Indian and global companies, as enterprises rethink how and where they work in a post-pandemic, hybrid-first world. This is the key finding of a new industry report released by Awfis Space Solutions Ltd, India’s largest flexible workspace provider, in collaboration with ANAROCK Research & Advisory.
Titled India Rising – Charting the Managed Office Growth Trajectory, the report offers the most detailed look yet at India’s Managed Office Space (MOS) segment. Drawing on market data, insights from CXOs and real estate leaders, and real-world client case studies, the study maps how managed offices are reshaping corporate real estate strategies across sectors such as technology, banking and financial services, consulting and manufacturing. It also tracks this shift not just in metros, but increasingly in Tier II and Tier III cities.
Unlike traditional offices or earlier coworking models, managed offices offer fully customised, enterprise-grade workspaces operated under a single platform. According to the report, companies are turning to MOS as they seek agility, cost efficiency and speed in an environment shaped by hybrid work, rapid expansion and global talent competition.
Amit Ramani, Chairman and Managing Director of Awfis Space Solutions, said the transformation underway goes far beyond flexible leases. “Enterprises are fundamentally rethinking how workplace strategy supports business agility, talent attraction and operational excellence,” he said. Managed offices, he added, have evolved into a comprehensive ecosystem offering custom design, integrated technology, ESG-compliant infrastructure and end-to-end operations.
The report identifies four major forces pushing the adoption of managed offices in India. The first is the permanence of hybrid work, which has changed space requirements and reduced appetite for long-term, rigid leases. The second is geographic expansion, with companies increasingly setting up operations in emerging cities to tap new talent pools. The third is the rising importance of employee experience, where office design, collaboration spaces and wellness features matter more than ever. The fourth is ESG accountability, with companies under pressure to meet global sustainability standards.
What sets modern managed offices apart, the study notes, is their ability to combine purpose-built environments with enterprise-level security, regulatory compliance and brand-aligned customisation. This is especially relevant for Global Capability Centres (GCCs), which are expanding rapidly in India and require mission-critical, secure and scalable delivery centres.
The report also highlights eight key growth drivers powering the MOS segment. These include the shift to flexible workspaces, the rise of startups and SMEs, urbanisation and talent mobility, cost efficiency, advances in workplace technology, supportive real estate market conditions, government backing for entrepreneurship and rising foreign investment. Together, these trends position managed offices as essential infrastructure for India’s next phase of economic growth.
Real-world examples underline how this model works in practice. For the National Stock Exchange in Mumbai, Awfis delivered a 165,000 sq. ft managed office in just 50 days, balancing high confidentiality needs with collaborative spaces using smart building systems and acoustic design. In Jaipur, a Fortune 500 IT company set up an 83,000 sq. ft facility that blended global best practices with local cultural elements, demonstrating how managed offices can support Tier II expansion strategies. In Noida, global software firm Insurity moved into an 18,000 sq. ft post-pandemic office completed in 12 weeks, combining biophilic design with advanced video collaboration infrastructure.
Looking ahead, the report expects managed offices to evolve further on several fronts. Enterprise adoption is likely to rise as companies move from ownership-led real estate models to outcome-based strategies. Geographic spread into Tier II and III cities will accelerate as infrastructure improves and hybrid work becomes the norm. Technology will play a larger role, with IoT, AI and data analytics used to optimise space utilisation and employee experience. Sustainability will also move centre stage, with managed offices aligning closely with global ESG benchmarks.
As India cements its position as a global business and innovation hub, the report concludes, managed offices are no longer a niche alternative. For enterprises and GCCs alike, they are fast becoming the blueprint for building secure, scalable and future-ready workplaces. The question, it suggests, is not whether companies should adopt managed offices, but how quickly they can do so to gain a competitive edge.
