The office real estate segment in India is one of the fastest to recover from the impact of the pandemic and the market across top seven cities is likely to touch 1.2 billion sq ft by 2030 and based on the current pricing it will be valued at $165 billion, said a JLL India report. In the post-Covid world, the flex space segment is expected to grow and be a mainstream occupier segment with operator-landlord partnerships creating superior office assets. As a result of the evolution to a more distributed work model, occupiers will look at strategies to not only make their portfolio more agile but also tap into the talent pool from emerging urban centers. The flexible space segment will play a key role in supporting occupiers’ growth strategies given the changing dynamics of portfolio optimization and employee needs. As such, the flex market is expected to double its footprint across the top seven cities by 2025 to around 75 million sq ft and cross the 100 million sq ft mark by 2030. “Given the growth dynamics, India’s Grade A office market across the top seven cities is poised to grow to over 1 billion sq. ft in size by 2026 and touch 1.2 billion sq ft by 2030. India will continue to remain the leader in technology outsourcing and will build on its gains as the biggest R&D and Global Capability Centre hub across financial services, software development, new technology, artificial intelligence, and machine learning,” said Karan Singh Sodi, Regional Managing Director, Mumbai & Ahmedabad, JLL.