WeWork India provides 140,000 sq ft to its portfolio in Bengaluru and Noida

Workspace supplier WeWork India, in a bid to increase its presence in India, launches WeWork 37 Cunningham in Bengaluru and Galaxy Enterprise Park in Noida. The brand new workspaces are set to open in September and October 2024 and plan to cater to the rising demand within the versatile workspace market in India.

The brand new additions come as each cities proceed to evolve as a enterprise hub for multinational corporations from numerous industries, stated Arnav S Gusain, Chief of Provide, WeWork India. 

He added, “There’s a clear demand for versatile workspaces that provide a dynamic work atmosphere for enterprises, professionals, freelancers, and startups to attach and collaborate.”

• Additionally learn: WeWork India launches flex workspace facility in Chennai

WeWork 37 Cunningham in Bengaluru is a four-story workspace with over 1,000 desks unfold throughout greater than 60,000 sq. toes, per the corporate assertion. In the meantime, WeWork Galaxy Enterprise Park in Noida’s Sector 62 is a two-floor facility sprawling 70,000 sq. toes and housing over 1,400 seats.

In line with information studies, Wework India reported a income of ₹1,300 crore within the fiscal yr ending March 2023. The foremost a part of income got here from workplace house at 72 per cent, totalling ₹942 crore in FY23, marking a 47.6 per cent enhance. The workplace house lease firm generated further income from service charges and associated providers.