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Table Space Closes FY25 with 41% YoY Growth

Table Space Closes FY25 with 41% YoY Growth

BY Realty+
Published - Tuesday, 15 Apr, 2025
Table Space Closes FY25 with 41% YoY Growth

Table Space, one of India’s leading managed workspace providers for enterprises, concluded FY25 positively with a 41% year-on-year growth in its total portfolio (measured in million sq. ft.).

As of March 2025, Table Space’s footprint spans 10.5 million sq. ft. across India’s top commercial office markets, reaffirming its position as one of the leading players in the managed office space sector.

Table Space’s expansion was focused entirely across 7 key clusters (metro cities) in India. Bengaluru led the growth chart, contributing one-third to the overall portfolio addition with 980,000 sq. ft., the highest of all cities as of March 2025. This was followed by significant expansions in the National Capital Region (682,000 sq. ft.), Pune (542,000 sq. ft.), and Hyderabad (415,000 sq. ft.), reinforcing Table Space’s presence in India’s major business corridors. Table Space saw a significant increase in leasing velocity compared to the previous fiscal year, indicating traction and substantial client acquisition across industry verticals.

In FY25, Table Space added 3.01 million sq. ft. to its portfolio, with 16 newly launched centres contributing 76% of premium, managed workspaces. These include several high-quality, Grade A assets developed by some of India’s most respected names, exemplifying Table Space’s commitment to scale, customisation, and elevated design standards.

Karan Chopra, Chairman and Co-CEO of Table Space, said, “Our growth strategy is focused on expanding in high-potential micro-markets across India’s major business hubs, Bengaluru, NCR, Pune, Hyderabad, Mumbai, and Chennai. Each new centre is a strategic move to serve the evolving demands of enterprise clients across diverse sectors. What differentiates Table Space is our strong investment in technology, which powers intelligent, secure, and seamless workspace experiences. Combined with our enterprise-grade design and fully managed office solutions, we don’t just offer scale; we deliver agility, efficiency, and future readiness. We aim to enable businesses to thrive in today’s dynamic landscape.”

This year's standout highlight was the rapid expansion of Suites - Table Space’s premium, ready-to-move-in workspace solution for enterprises. The portfolio grew over six-fold, from 1,801 seats in FY24 to 11,461 in FY25, driven by strong uptake across enterprise sizes. Demand was well-distributed across configurations, signalling a rising preference among corporates for flexible, plug-and-play office spaces.

Kunal Mehra, Co-CEO of Table Space, said, "FY25 has been a landmark year for Table Space, with a strong 41% year-on-year growth driven by the accelerating demand from Global Capability Centres (GCCs) expanding in India. Our unique strength lies in offering a full-spectrum managed workspace solution designed for enterprises, from ready-to-move-in Suites to fully custom-built, design-led environments, catering to the diverse needs of large enterprises. This holistic solution approach has helped us attract various sectors, including IT/ITeS, BFSI, healthcare, advanced tech and more. The continued surge in client acquisition and the growing preference for managed, flexible workspaces indicate that our model is future-ready and built for scale."

Software/it/ITeS led sectoral leasing demand, followed closely by Banking, Financial Services & Insurance (BFSI) and Healthcare, Pharma & Biotech, highlighting a consistent trend of occupier confidence in managed workspace models.

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