Urban Vault, a premier provider of managed flex spaces, has entered Pune by launching a 35,000 sq. ft. workspace at Ambrosia Galaxy, Baner High Street. Designed to accommodate 700 seats, the new facility caters to enterprises, startups, and SMEs seeking flexible and cost-effective office solutions in Pune’s dynamic business ecosystem.

With per-seat pricing ranging from INR 6,500 to 8,000, the workspace aims to offer scalability and affordability. “Pune is a rapidly growing market with a strong demand for flexible office solutions,” said Amal Mishra, Co-founder and CEO of Urban Vault. “Our entry into this city is driven by the increasing need for high-quality, managed workspaces that cater to diverse business requirements. At Urban Vault, we are focused on delivering workspaces that are not just aesthetically pleasing but also functional, adaptable, and conducive to growth.”

This expansion aligns with Urban Vault’s strategy to capitalize on the rising demand for hybrid and managed office spaces. The Baner location boasts premium amenities, seamless connectivity, and an environment tailored for companies aiming to scale efficiently while maintaining operational flexibility.

Following the Baner launch, Urban Vault plans to extend its footprint across Pune, targeting key commercial hubs such as Balewadi, Hinjewadi, Viman Nagar, Kalyani Nagar, and Kharadi. The company is also eyeing emerging business districts like PCMC as part of its long-term growth strategy. Currently managing over 20 lakh sq. ft. of office space with over 30,000 desks in its portfolio, Urban Vault continues its aggressive expansion beyond its stronghold in Bengaluru, which operates over 65 centres.

Urban Vault’s vision extends beyond expansion—it is committed to integrating advanced technology solutions and sustainability features into its office spaces. By fostering a collaborative ecosystem, the company aims to enhance innovation and productivity for businesses of all sizes.

Financially, Urban Vault projects a turnover of Rs 120 crore for the 2024-25 fiscal year, with an 18% profit after tax (PAT) and 70%+ year-over-year growth. Its EBITDA is 30%, reflecting its focus on sustainable and profitable growth. As the demand for flexible workspaces continues to rise, Urban Vault is positioning itself as a key player in India’s evolving office space landscape.