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Below The Comment on JLL Report "Flex stock to double in next five years" Mr. Amal Mishra, Co-founder, Urban Vault, a Bengaluru based managed co-working space provider

Currently, flex-space constitutes a small portion of the total Grade A office space in India. However, there is significant untapped potential for its expansion. The demand for flex-space is on the rise, not only from small and mid-sized corporates but also from larger companies. Moreover, within the flex-space sector, many multinational corporations and major corporates are increasingly opting for managed flex-space solutions.

Considering these trends, we are confident that flex-space will witness substantial growth in office leasing over the coming years and will eventually claim a significant share in the market.

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