Table Space Closes FY25 with 41% YoY Growth, Portfolio Crosses 10.5 MSF

Bengaluru, April 15, 2025: Managed workspace providers for enterprises Table Space has concluded FY25 on a positive note, reporting an impressive 41 per cent year-on-year growth in its total portfolio in terms of million square feet (msf). As of March 2025, Table Space’s footprint spans 10.5 msf across India’s top commercial office markets.

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 among 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 strong client acquisition across industry verticals.

In FY25, Table Space added 3.01 msf to its portfolio, with 16 newly launched centres contributing to 76 per cent 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.

Commenting on the milestone, Karan Chopra, Chairman and Co-CEO, 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. Our goal is to enable businesses to thrive in today’s dynamic landscape.”

A standout highlight this year 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.

“FY25 has been a landmark year for Table Space, with a strong 41 per cent 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 a wide range of sectors including IT/ITeS, BFSI, healthcare, advanced tech and more. The continued surge in client acquisition and the growing preference for managed, flexible workspaces are clear indicators that our model is future-ready and built for scale,” said Kunal Mehra, Co-CEO, Table Space.

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