WeWork India Management Ltd has announced a significant expansion of its operations in Hyderabad through a new sub-lease agreement. The company will add 2,100 desks to its workspace portfolio in the city, marking a substantial increase in its capacity to serve clients in the region.

Investment and Project Details

The Hyderabad expansion project involves a total investment of ₹32 crore. The company has structured this development through a sub-lease agreement, which will enable it to establish the additional workspace capacity efficiently.

Timeline and Completion

The project is scheduled for completion by July 2026, providing WeWork India Management Ltd with a clear timeline for the rollout of its expanded Hyderabad operations. This timeline allows for proper planning and execution of the workspace development.

Strategic Expansion

This expansion represents WeWork India Management Ltd's commitment to growing its footprint in major Indian cities. The addition of 2,100 desks in Hyderabad will significantly enhance the company's ability to accommodate businesses and professionals seeking flexible workspace solutions in the region.

WeWork India Management Limited has announced a capacity expansion initiative in Pune through a Leave & License Agreement, as disclosed under Regulation 30 of SEBI regulations. The company will add approximately 2500 desks across 1,62,665 square feet of space, requiring an investment of ₹36 crore.

Capacity Expansion Details

The expansion represents a significant addition to WeWork India Management's existing infrastructure. The company currently operates 1,21,638 desks with a capacity utilization rate of 83.90% as of December 31, 2025. The new facility is expected to be operational on or before August 2026.

Current Operational Metrics

WeWork India Management's existing capacity utilization demonstrates strong market demand for flexible workspace solutions. The high utilization rate of 83.90% provides a solid foundation for the planned expansion.

Strategic Rationale

The company stated that the expansion aims to cater to incremental demand and enhance operational capacity in line with business growth. This move aligns with WeWork India Management's strategy to strengthen its presence in key commercial centers across India. Pune, being a major IT and business hub in Maharashtra, presents significant opportunities for flexible workspace providers.

The financing will be managed through internal accruals and debt, indicating the company's confidence in generating returns from the expanded capacity.