In line with its commitment towards long-term growth and expansion, leading flexible workspace provider – WeWork India announced the signing of lease agreements for two new buildings namely Embassy One & Kalyani Roshni Tech Hub. Located in Bengaluru, the workspace at Kalyani Roshni Tech Hub spans over 310,000 square feet, while Embassy One is spread across over 52,000 square feet. The lease agreements are a testament to the potential created by the rising demand for flexible workspaces in India. They showcase WeWork’s dedication to providing workspaces at prime locations tailored to meet the needs of entrepreneurs, SMEs and large enterprises alike.
Set to open later this year in December, Kalyani Roshni Tech Hub is located in the most sought after market in the country i.e. Outer Ring Road, and houses over 5,000+ desks spread over eight floors. Embassy One is strategically located between two key business districts on Bellary Road with a capacity of over 600 desks across two floors. Offering a wide spectrum of flexible workspace solutions, WeWork India has entered into an operator model at Embassy One, showcasing the strength of the brand in the market. On the other hand, Kalyani Roshni Tech Hub has been leased in collaboration with the Kalyani Group, a leading real estate developer in the market. Nestled in Marathahalli Outer Ring Road, the building is within close proximity of multiple tech parks, making connectivity and commute simpler. Both workspaces are conveniently accessible and provide members world class amenities while creating a conducive work environment.
Commenting upon the expansion announcement, Arnav S. Gusain, Head of Real Estate, Product and Procurement, WeWork India said, “As India Inc marches towards a hybrid working model, flexibility has become paramount for today’s workforce. Accelerating the transformation of the workspace ecosystem, we are excited to announce our continued foray into the centre of India’s high-tech industry with the signing of two new buildings. By staying prudent about our overall business strategy, we are committed to meeting the industry’s increasing demands through a superior workspace experience built upon WeWork India’s principles of flexibility, accessibility and community.”
WeWork India’s continued expansion with Embassy One & Kalyani Roshni Tech Hub exemplifies its reliability as a brand and is a reflection of strong relationships with all stakeholders, including landlords, IPCs and members. By driving innovation through customised product solutions, WeWork India will continue its growth trajectory in changing the landscape of flexible workspaces in the country.