Large Companies Prioritize Premium Managed Offices for Employee Experience

Large organisations are increasingly opting for premium managed offices in Grade A+ buildings as amenities become a priority at the workplace too, experts said.

While traditional workspace operators like Awfis, WeWork and Table Space also offer premium workspaces, dedicated players like The Executive Centre, CorporatEdge and Kepler are in demand because of their ability to scale operations quickly, enter new markets faster and provide hotel-like services.

“Occupiers these days are ready to pay a premium for services offered at the centre. The workspace has evolved post-Covid, and these days top companies are not just looking for a place to work. They want top-grade buildings with all the amenities and a flexible space provider who works as a hospitality partner. The service experience at these centres should be at par with a five-star hotel, as premium space occupiers are used to having that experience in their day-to-day lives,” said Tushar Mittal, a serial entrepreneur and founder of Kepler.

Kepler by SKV has leased three centres at One Horizon Centre, Oberoi Centre and Paras Tower in Gurugram.

“At CorporateEdge, we have always believed the future of work lies at the intersection of office and hospitality. Enterprises expect more than managed infrastructure; they seek workplaces that elevate employee experience, strengthen their employer brand, and offer thoughtfully curated amenities such as premium lounges, wellness rooms, collaborative spaces, and hospitality-led services,” said Aashish S Shukla, MD, CorporatEdge.

For top executives of companies, these workspace providers have dedicated cabins and meeting rooms with priority access.

“India's office market has reached a stage where flexibility is no longer viewed as an alternative to conventional leasing; it has become an integral part of enterprise real estate strategy. Large organisations are increasingly opting for premium managed offices because they provide enterprise-grade infrastructure, advanced technology, hospitality-led services and a consistent workplace experience across locations; factors that have become increasingly important as companies compete for talent and prioritise employee experience,” said Paul Salnikoff, MD and CEO, The Executive Centre.

According to Colliers' latest Flex India report, enterprise occupiers now account for nearly 70% of total flex seat demand in India, with annual enterprise seat uptake expected to increase by 25% to around 200,000 seats over the next two years, driven by the continued expansion of GCCs and multinational corporations.

“As the market matures, premium managed offices are no longer being viewed as temporary or overflow space; they have become a strategic extension of the corporate real estate portfolio, enabling organisations to remain agile while maintaining the quality, security and brand standards expected of a modern workplace,” said Salnikoff.

India's national flex workspace firms command a price premium of over 19% compared with unorganised operators, as corporates prefer companies with a pan-India presence, according to myHQ.

The brand premium is projected to reach 25% by FY28 as enterprises increasingly consolidate their workspace needs with listed and large operators.