- Chennai Live Area** grew from 0.20 million sq. ft. as of March 31, 2024, to 0.62 million sq. ft. as of March 31, 2026
- New Suites spanning 72,000 sq. ft. add capacity for over 1,250 seats, taking the combined presence at DLF Cyber City to approximately 130,000 sq. ft.
- Staples and Ashley among global enterprises setting up their first GCCs in India with Table Space as their workspace partner
Chennai, October 29, 2026: Table Space, India’s largest* operator among the benchmarked operators by Leased Area and a provider of premium managed workspace solutions, has nearly tripled the area leased to clients in Chennai, from 0.20 million sq. ft. as of March 31, 2024, to 0.62 million sq. ft. as of March 31, 2026, an addition of 0.42 million sq. ft. that is more than double the area at the start. In practical terms, the company is noticing that clients are now leasing nearly three times as much space in Chennai as they did two years ago, making Chennai one of its notably larger businesses.
The company has now launched approximately 72,000 sq. ft. of Ready-to-Move-In Suites at DLF Cyber City, Chennai, with capacity for over 1,250 seats. The Suites complement its existing Custom-Built Offices at the property, taking its combined presence there to approximately 130,000 sq. ft. across two floors.
According to CBRE’s Industry Report on Flexible Workspaces Segment in India, Chennai accounted for approximately 12% of GCC office leasing across the Tier-1 cities analysed during CY2022-Q1 CY2026. The report also notes that GCCs have shown increased traction in cities including Chennai, with proximity to talent pools and access to high-quality office space among the factors. Table Space’s Chennai portfolio spans approximately 0.83 million sq. ft. of Leasable Area as of March 31, 2026. Together with Bengaluru and Hyderabad, Table Space has approximately 6.22 million sq. ft. of Leasable Area across South India as of the same date.
Nitish Bhasin, Chief Sales Officer, Table Space, said: “Chennai is one of the important markets for us, where we believe our presence has grown noticeably. The city has emerged as one of the key office markets for us in South India, supported by a growing supply of Grade A office buildings. Many of the global enterprises and GCCs we work with in the city have different workplace requirements, and our Managed Office model, delivered through both Custom-Built Offices and Ready-to-Move-In Suites, is intended to meet those different client needs. With both offerings now available at DLF Cyber City, we believe the property is equipped to cater to that range of needs.”
Table Space works with a diverse portfolio of US-based enterprises in Chennai, including Staples India and Ashley. Both of them have set up their first GCCs in India in Chennai and chose Table Space as their workspace partner. Staples has taken approximately 35,000 sq. ft., while Ashley has taken approximately 60,000 sq. ft. Together, these engagements are indicative of the strength of these relationships and the company’s ability to support enterprises as their workplace requirements evolve.
Ravindran C, Senior Director – Strategy & Operations, Ashley Global Capability Center, said: “A workplace can shape how people feel about the work they do. Ours has become a place where our teams collaborate, celebrate festivals together and build something they’re proud of, and Table Space has been part of making that possible.”
Ravi Nilwaya, Managing Director and Head, Staples India, said: “As Staples continues to scale, Table Space has proven to be one of the ideal partners – offering flexible, high-performing workspace solutions needed for our innovation hub.”
The Suites at DLF Cyber City are located on Mount Poonamallee Road in Manapakkam, within one of Chennai’s established commercial office clusters. The Suites on the third floor complement Table Space’s existing Custom-Built Offices on the second floor, offering enterprises a choice between ready-to-occupy workplaces and customised office solutions. Both formats are part of Table Space’s integrated Managed Office model, bringing together leasing, design, build and operations through a single trusted workspace partner. Beyond workplace infrastructure, the model encompasses technology, security, compliance, hospitality and everyday workplace experience, enabling enterprises to manage their workplace requirements through a single trusted workspace partner while remaining focused on their core business.
Vaibhav Joshi, Principal Director, Sales, Table Space, said: “We believe Chennai’s talent ecosystem and commercial infrastructure make it an important destination for global enterprises and GCCs. Our experience working with these organisations helps us understand their workplace requirements better, whether they are establishing their first office or expanding an existing operation. The addition of Suites at DLF Cyber City ought to strengthen the range of solutions we can offer enterprises in this market.”
About Table Space
Founded in 2017, Table Space is a provider of premium enterprise-grade Managed Office solutions, offering Custom-Built Offices and Ready-to-Move-In Suites through an integrated leasing, design, build and operations model.
As of March 31, 2026, Table Space had 11.46 million sq. ft. of Leasable Area and 9.33 million sq. ft. of Leased Area across nine Indian cities, serving 431 unique clients, including 115 GCCs and 45 Fortune 500 companies.
* According to the CBRE Industry Report, Table Space was the largest among CBRE-benchmarked operators by Leased Area as of March 31, 2026.
** Live Area refers to area which has been leased to clients for which the lease commencement date is on or before the end of the relevant financial year.
For media inquiries:
Gaurav Goswami | gaurav.goswami@tablespace.com | +91 7899755851
Disclaimer: Tablespace Technologies Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offering of its equity shares and has filed a draft red herring prospectus dated August 10, 2026 (“DRHP”) with the Securities and Exchange Board of India (“SEBI”). The DRHP is available on the websites of our Company, at Table Space Investor Relations, SEBI as well as on the websites of the book running lead managers, Axis Capital Limited, CLSA India Private Limited, IIFL Securities Limited, BofA Securities India Limited and JM Financial at Axis Capital, BofA Securities India, CLSA India, IIFL Capital and JM Financial, respectively, and the websites of the stock exchange(s) at NSE India and BSE India, respectively.
Any potential investors should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see “Risk Factors” of the red herring prospectus / prospectus, when available. Potential investors should not rely on the DRHP for any investment decision but should instead rely only on the red herring prospectus / prospectus.
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