BHIVE Workspace, one of India’s fastest-growing coworking and managed office space providers, has expanded its footprint in Bengaluru’s Central Business District by launching BHIVE Platinum Old Airport Road in Indiranagar. This new 40,000 sq ft facility is BHIVE’s sixth workspace in the area and underscores its aggressive growth strategy to serve the rising demand for flexible, premium office environments in prime locations.
Expansion Details
- BHIVE Platinum Old Airport Road offers 1,052 seats spread over 40,000 sq ft, leased from Century Real Estate.
- The space is located in a vibrant commercial and residential hub with excellent metro connectivity, enhancing accessibility for professionals.
- The centre features premium amenities, including on-site beverage zones and sports zones, creating a holistic workspace experience focused on productivity and well-being.
- This launch reflects BHIVE’s strategy to transform older buildings into high-value office spaces, providing a notable price advantage and premium quality.
Growth Strategy and Market Impact
- BHIVE has added 1.5 million sq ft to its portfolio over the last two years and plans to double its footprint to 3 million sq ft by FY26.
- The company reported strong financials with ₹250 crore revenue for FY 2024-25 and targets 20% growth in the current fiscal year.
- This expansion is in response to growing demand in Bengaluru’s coworking market, especially for well-located, design-driven managed office spaces.
- BHIVE’s focus on work–life harmony through flexible access, tech-enabled facilities, and unique amenities helps attract and retain diverse clients.
About BHIVE Workspace
BHIVE Workspace operates 1.8 million sq ft across 28+ centres in Bengaluru and Mumbai, offering metro-proximate, design-centric workspaces. With a client base of over 1,000 companies, BHIVE emphasises Indian hospitality, workspace flexibility, and value-for-money propositions. Its “Work From Anywhere” feature enables seamless access to any BHIVE location with a single membership, enhancing member convenience and business continuity.
The FlexInsights Take
BHIVE’s launch of the BHIVE Platinum Old Airport Road centre reinforces the growing importance of coworking and managed office spaces within India’s commercial real estate ecosystem. The company’s strategy of converting underutilised properties into dynamic, amenity-rich work hubs highlights a pivotal shift in workspace demand, characterised by flexibility, connectivity, and experience-driven environments. As traditional office leasing evolves, players like BHIVE set new benchmarks by integrating community, technology, and design to meet the needs of modern businesses. This expansion not only deepens BHIVE’s presence in Bengaluru’s CBD but also signals confidence in the city’s sustained office space demand driven by startups, SMEs, and corporates adapting to hybrid work models.
