Absorption of co-working spaces doubles in Mumbai in first nine months

Mumbai accounts for almost 18 per cent of the total number of flexible office locations in the country

Bengaluru accounted for 35 per cent of the absorption of co-working spaces in the country in the first nine months of this year, which is highest in the country, said a new report.
 
Mumbai is also catching up, and accounts for almost 18 per cent of the total number of flexible office locations in the country. “Moreover, absorption of flexible offices has doubled since last one year in Mumbai from 0.38 million sq ft in 2016 to 0.6 million sq ft in the first nine months of 2017. By 2018, we are expecting a few major transactions to conclude