Premium Flex workspace provider, CorporatEdge has leased 51,000 sq ft at Godrej GCR in Gurgaon, and is expected to close the FY26 at 590,000 sq ft of operational and sighed portfolio.
The company has leased 36,000 sq ft in Dubai also, marking its international expansion.
According to CBRE, India’s flexible office stock is set to surge from 80 million sq. ft. in 2024 to 125 million sq. ft. by 2027, with NCR driving nearly 25% of this growth. ICRA also highlighted a major shift in occupier behaviour with large enterprises driving 55–60% of the demand, a sharp departure from the startup era.
“At Godrej GCR, we wanted to create a space that is more than just a workspace. We have built an environment that is future-ready while ensuring we remain true to our ‘ Offitel philosophy’,” said Monaah M Shuklla, Founder & CEO, CorporatEdge.
The company has expanded to Mumbai and Bengaluru and soon expand to Hyderabad and Pune as well.
“Godrej GCR centre expands our NCR footprint at a time when the region is leading India’s flex space adoption, and accelerates our journey towards managing 1.5 million sq. ft. across 50 centres across 10 cities by 2030,” said Aashish S. Shukla, Managing Director, CorporatEdge.
The firm is betting big on demand from GCCs who are preferring managed workspace providers to enter India.
“The Godrej GCR centre is not just an expansion milestone but a strong growth driver for our NCR portfolio. We are seeing a steady rise in enterprise-led demand that translates directly into sustained revenue growth. As more corporates move towards managed and hospitality-led offices, our Offitel model continues to unlock new revenue streams across key markets,” said Hriday M. Shukla, Director – Revenue, CorporatEdge.
The company has leased 36,000 sq ft in Dubai also, marking its international expansion.
According to CBRE, India’s flexible office stock is set to surge from 80 million sq. ft. in 2024 to 125 million sq. ft. by 2027, with NCR driving nearly 25% of this growth. ICRA also highlighted a major shift in occupier behaviour with large enterprises driving 55–60% of the demand, a sharp departure from the startup era.
“At Godrej GCR, we wanted to create a space that is more than just a workspace. We have built an environment that is future-ready while ensuring we remain true to our ‘ Offitel philosophy’,” said Monaah M Shuklla, Founder & CEO, CorporatEdge.
The company has expanded to Mumbai and Bengaluru and soon expand to Hyderabad and Pune as well.
“Godrej GCR centre expands our NCR footprint at a time when the region is leading India’s flex space adoption, and accelerates our journey towards managing 1.5 million sq. ft. across 50 centres across 10 cities by 2030,” said Aashish S. Shukla, Managing Director, CorporatEdge.
The firm is betting big on demand from GCCs who are preferring managed workspace providers to enter India.
“The Godrej GCR centre is not just an expansion milestone but a strong growth driver for our NCR portfolio. We are seeing a steady rise in enterprise-led demand that translates directly into sustained revenue growth. As more corporates move towards managed and hospitality-led offices, our Offitel model continues to unlock new revenue streams across key markets,” said Hriday M. Shukla, Director – Revenue, CorporatEdge.
You may also like
IPL: Virat Kohli's RCB up for sale with high valuation as first-time champs
CM Siddaramaiah sets sugarcane rate at Rs 3,300 tonne as protests grow
ICC Board Confirms Expanding Next Edition Of Women's ODI World Cup To Ten Teams
ATS grilling reveals Bilal Khan's links with 4,000 Pakistani numbers, regular contact with AQIS handlers in Pakistan
Edinburgh tram emergency as air ambulance rushes to major city centre incident
