728 x 90
728 x 90

WeWork India Expands with New Leases in Gurugram and Chennai

WeWork India Expands with New Leases in Gurugram and Chennai

WeWork India expands with new leases in DLF Cybercity, Gurugram, and Chennai, adding 3.43 lakh sq ft and over 3,300 desks. Scheduled to open in 2025, the move highlights rising demand for flexible workspaces. With FY24 revenue up 26.7% to ₹1,665 crore, WeWork leads India’s coworking market.

WeWork India has announced two significant leases in prominent business hubs, further solidifying its position in the country’s flexible workspace market. The company has secured office spaces in DLF Cybercity, Gurugram, and DLF Cybercity, Manapakkam, Chennai, catering to the rising demand for innovative and adaptable workspaces.

Expanding Footprint in Key Business Hubs

In Gurugram, WeWork has leased two floors in Building 6, spanning 1.17 lakh square feet and providing over 1,400 desks. Similarly, in Chennai, the company has rented two floors in Building 10, covering 1.26 lakh square feet and accommodating more than 1,900 desks. Both facilities are slated to open in the first quarter of 2025, reflecting WeWork’s commitment to expanding its footprint in India’s thriving business districts.

These additions come when businesses increasingly embrace flexible workspaces that offer collaborative and innovative environments.

Strengthening Presence Across Cities

WeWork India has been steadily expanding its operations across major cities. In October, the company launched WeWork 37 Cunningham in Bengaluru, a 61,000 sq. ft. centre housing 891 desks across four floors. This location features premium amenities, including white-glove hospitality and gourmet offerings from brands like Maverick and, Farmer and Nandan Coffee, catering to the evolving expectations of modern professionals.

Financial Growth and Market Leadership

WeWork India has reported robust financial growth for FY 2023-24, with a 26.7% increase in revenue to ₹1,665 crore. Memberships were a major contributor, accounting for 84% of the total revenue, reflecting a 49% growth compared to the previous fiscal year.

Operating across eight major cities, WeWork India currently provides more than one lakh desks, making it a dominant player in the flexible workspace segment.

Commitment to Modern Workspaces

With its strategic expansions in Gurugram and Chennai and its ongoing commitment to innovation, WeWork India continues to cater to the needs of businesses seeking adaptable office solutions. The company’s investments in premium infrastructure and collaborative work environments align with India’s key commercial hubs’ growing demand for modern, flexible workspaces.

As WeWork India gears up to open its new centres in 2025, the company reinforces its role as a leader in reshaping the future of workspaces in India.

Flexinsights
ADMINISTRATOR
PROFILE

Posts Carousel

Leave a Comment

Your email address will not be published. Required fields are marked with *

Latest Posts

Top Authors

Most Commented

Featured Videos