Indian Workspace AssociationThe collective voice of India's flexible workspace industry

The Indian Workspace Association (IWA) is an industry association registered as a trust in New Delhi in 2026. It promotes and represents India's coworking spaces, shared offices, business centres and managed offices, engages with government and regulators, and runs membership, events and knowledge initiatives for the industry.

IWA's six Founder Trustees are WeWork India Management Limited, Awfis Space Solutions Limited, Smartworks Coworking Spaces Limited, Innov8 Workspaces India Limited, Incuspaze Solutions Private Limited and Simpliwork Offices Private Limited.

IWA's office bearers are Karan Virwani, MD and CEO of WeWork India Management Limited, as Chairman; Amit Ramani, CMD of Awfis Space Solutions Limited, as Secretary; and Harsh Binani, Co-founder and Executive Director of Smartworks Coworking Spaces Limited, as Treasurer.

IWA's broad areas of advocacy are GST, zoning and building-use regulations, Special Economic Zones (SEZs), industry standards and best practices, and industry data and research. Its First-Year Agenda focuses on GST, zoning and building-use rules, and industry standards and data. On GST, IWA secured regulatory recognition of co-working spaces through CBIC Circular No. 257/03/2026-GST dated 26 October 2026.

According to the CBRE and FICCI report Flex-plosion, published in March 2026, India's flexible office stock reached 110 to 114 million sq ft in 2025, three times its 2020 level, with over 500 operators and around 2,600 centres.

Prospective members can join IWA as Primary, Institutional or Honorary Members. Primary membership is for companies intending to work with the Trust for the achievement of its objects, Institutional membership is a single category comprising Brokers and Developers, and Honorary membership is for distinguished individuals. Institutional Members require a minimum of 1,00,000 sq ft in aggregate Assets Under Management (AUM).

Check the membership categories and eligibility, email your enquiry to the IWA Secretariat at secretariat@iwatrust.in, and IWA will validate your application against its membership criteria for approval by the Board of Trustees. On admission, you pay the one-time joining contribution and the annual subscription for your category.

Primary and Institutional Members each pay a one-time joining contribution of ₹10,00,000 and an annual subscription of ₹5,00,000. Honorary Members pay no joining contribution or annual subscription, as they are exempt from subscription under the Bye-Laws. Existing Founder Members continue under their separately approved fee structure.

A Member is an entity formally admitted to IWA under one of its prescribed membership categories (Founder, Primary, Institutional or Honorary), in accordance with the applicable eligibility criteria and membership process. A Beneficiary, on the other hand, is an entity engaged in operating co-working, shared, serviced, managed or flexible workspace facilities in India, which registers itself with the Trust as a Beneficiary.

IWA is governed by a Board of Trustees of at least six trustees. The Board elects a Chairman for a one-year term, meets at least once every calendar quarter, and takes decisions by consensus or, failing that, by simple majority. The quorum for meetings other than the Annual Board Meeting is four Trustees, present personally or through Authorised Representatives. The Trust's accounts are audited every financial year.

The Indian Workspace Association Trust was registered with the Sub-Registrar, South Hauz Khas, New Delhi on 1 July 2026. Its registered office is at WeWork, Eldeco Centre, Second Floor, Office No. 02-100, Malviya Nagar, New Delhi 110017.