With Enterprise Plus, COWRKS moves beyond workspaces to deliver strategic business partnerships

If the early years of flexible offices were defined by disruption and experimentation, 2025 has marked a decisive turning point. Managed workspaces have transitioned from being viewed as temporary or stop-gap solutions to becoming core, enterprise-grade real estate strategies for large corporates and Global Capability Centres (GCCs).

Parul Thakur, senior vice president & business head, COWRKS, says, “If 2020 was about disruption and 2022 about experimentation, then 2025 has been the year managed workspaces truly came of age, evolving into an enterprise-grade, future-ready real estate solution rather than a short-term alternative. The sector has decisively moved beyond being viewed as a stop-gap solution to becoming a core, long-term real estate strategy for enterprises. What stood out in 2025 was a clear shift in expectations. Enterprises were no longer asking only for flexibility; they wanted institutional-grade execution, certainty of delivery, scalability, and a globally consistent workplace experience. That shift has strongly shaped COWRKS’ growth trajectory.”

Industry data reflects this structural shift. Flexible and managed workspaces now account for nearly one-fifth of India’s total office leasing, with large enterprises and GCCs driving a significant portion of demand. According to JLL, in 2025 indigenous flex operators leased a record ~18 million sq ft, with flex emerging as the leading segment for the second quarter in a row and its share in Q4 leasing touching a historic high of 26.6%.

From flexibility to institutional execution

What distinguished 2025 from previous years was a visible evolution in enterprise expectations. Flexibility alone was no longer sufficient. Enterprises began prioritising certainty of delivery, scalability, and globally consistent workplace standards.

In response, COWRKS expanded its managed workspace portfolio by over 1 million sq ft under Enterprise Plus, its dedicated offering for enterprises and GCCs.

“At COWRKS, we have always believed that enterprise clients need more than desks and leases. They need an ecosystem that can evolve alongside their business. Increasingly, we are seeing organisations start with flexible offices and transition naturally into fully customised, managed workspaces as they scale. Through Enterprise Plus, COWRKS has evolved from being a workspace provider to becoming a long-term strategic and ecosystem partner enabling enterprise growth at scale. Hybrid work in 2025 has become far more intentional. Offices are no longer designed around attendance alone; they are being reimagined as destinations for collaboration, culture-building, learning, and innovation. COWRKS has seen increasing demand for shared amenities, informal collaboration zones, wellness-focused design, and technology-enabled environments. COWRKS is uniquely positioned to offer workplaces that integrate cafés, social spaces, intuitive technology, and support services seamlessly within a single ecosystem. For enterprises, this delivers a premium employee experience without the burden of asset ownership or heavy upfront capital expenditure,” she added.

Contrary to early speculation, hybrid work in 2025 has not declined; it has matured into a more intentional, experience-driven model. As India’s economy and GCC ecosystem continue to expand, enterprises are placing greater emphasis on workplace quality over sheer attendance metrics. Looking ahead, Thakur believes the opportunity for managed workspaces remains strong, particularly with the continued expansion of India’s GCC ecosystem.

“As we move into 2026, the opportunity for managed workspaces is clearer than ever. India’s GCC ecosystem alone is expected to grow by over 20 percent in the next two years, creating sustained demand for scalable, high-quality office infrastructure. With this pace of growth, speed, global standards, and operational consistency will become critical, and these are precisely the areas where managed workspaces deliver maximum value. Our strategy continues to be centred on building workplaces that reflect how people want to work today through purposeful design, cutting-edge technology, and a hospitality-led approach that enables businesses to grow meaningfully and sustainably,” Thakur concludes.

With over 1.8 million sq ft under management, 43 operational centres across eight cities, and more than 24,700 desks, COWRKS is positioning itself as an enterprise growth partner rather than simply a workspace provider.

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