WeWork India has leased 1.26 lakh square feet of office space across three floors in Mumbai’s Andheri East, marking another major step in its expansion. The coworking giant secured the space in the Lightbridge commercial tower in the Saki Vihar area through a five-year-plus lease. Monthly rental costs exceed ₹10.38 million, with a total payout of over ₹870 million for the lease term, according to documents accessed via Propstack. The lease will commence in August 2025.

This new location replaces WeWork India’s recently vacated space in Powai and reflects the company’s commitment to scaling its operations in key markets. The Lightbridge tower, a joint venture between Gamma Constructions and the Srishti Group, is currently under construction and is set to be completed soon. Niranjan Hiranandani, Chairman of Hiranandani Group, highlighted the strong performance of India’s commercial real estate sector, attributing it to factors like growing investor confidence, the return to office work models, and balanced economic growth. He noted that flexible workspace operators now account for 20% of new commercial space uptake in India.

Strengthening Mumbai and Beyond

This move is part of WeWork India’s broader strategy to reinforce its presence in Mumbai. In July, the company renewed a lease for 1.4 lakh square feet of office space at Nesco IT Park in Goregaon. A week earlier, it secured 1.4 lakh square feet of office space across two leases in Bengaluru and Noida. The Bengaluru location, WeWork 37 Cunningham, spans 60,000 square feet with over 1,000 desks, while WeWork Galaxy Business Park in Noida’s Sector 62 offers 79,000 square feet and 1,400 desks.

Since it entered the Indian market in 2017, WeWork India has expanded its portfolio to over 8 million square feet, featuring more than 1 lakh desks across 62 locations in cities like Bengaluru, Chennai, Delhi-NCR, Mumbai, Hyderabad, and Pune.

Flexible Workspaces Transforming the Market

The rise of flexible workspaces has redefined India’s commercial real estate landscape, fueled by demand from both large enterprises and startups. The post-pandemic shift to hybrid work models has further accelerated the adoption of managed office spaces. Hiranandani emphasized the growing role of operators like WeWork in meeting evolving workplace demands.

As one of the fastest-growing markets for flexible office space globally, India continues to attract significant interest from operators and investors alike. WeWork’s sustained growth in key markets underscores the sector’s resilience and potential for further expansion. With its strategic leases and ongoing projects, WeWork India is well-positioned to capitalize on the country’s booming demand for coworking solutions.