House of Hiranandani (HoH), a Mumbai-based real estate developer, has launched an office space project in Mumbai's Powai area. Located in Hiranandani Gardens, this pilot flexible office space project has launched 160 seats, as per the company sources. While the property can accommodate 500 seats, the developer decided to start with a smaller pilot phase.

• House of Hiranandani (HoH) plans to expand its co-working business by adding more company-owned properties in the future in locations such as Andheri and Thane.
• Ankit Mathur, Senior Manager of Commercial Business at House of Hiranandani, shared in a recent LinkedIn post that the idea for entering the flexible office space segment began a few months ago.
• Instead of leasing the space under their regular business model, the company's Managing Director discussed using some vacant space in a prime location differently.
• Based on this idea, HoH decided to launch a pilot co-working centre at Hiranandani Gardens in Powai.
• Mathur added that the process involved planning layouts, preparing budgets, appointing service partners, completing legal and compliance work, and managing procurement requirements, along with discussions on the overall theme of the space.

In October 2025, HoH had acquired a land parcel of one acre in Andheri East, Mumbai, and announced the investment of ₹500 crore to develop a commercial project. The upcoming project will provide a total leasable area of about 4 lakh sq ft.

The company said that it has developed over 50 million sq ft of area and delivered 26,612 homes. As of now, House of Hiranandani has nearly 7 million sq ft of office space under its management across the Mumbai Metropolitan Region (MMR).

According to the report released in December 2025, India's flex office space segment, which was 72.3 million sq ft in 2025, is expected to reach 100 million sq ft by 2027. As per the report, Bengaluru leads the list as it has the largest flex market with 31% share of the total stock. GCCs (Global Capability Centres) have emerged as the most occupier groups in the flex office space markets.

The flex spaces are projected to increase their market share in the commercial office sector. Due to the sustained operator expansion, the flex penetration is expected to increase from 8.5% in 2025 to 10.5% by 2027.

With the launch of its pilot flexible office space at Hiranandani Gardens, Powai, House of Hiranandani has taken a strategic step into the fast-growing co-working segment. Backed by a strong commercial portfolio and upcoming investments, the developer aims to expand this model across key locations in Mumbai.

This move aligns well with the broader growth of India's flex office market, which is witnessing rising demand from large occupiers such as Global Capability Centres. As flex spaces continue to gain a larger share of the office market, HoH's entry positions it to tap into evolving workplace trends and long-term demand.