WeWork India leases 7 lakh sq ft of office space across Bengaluru, Hyderabad and Chennai, adds around 12,000 desks

WeWork India has signed leases for 7 lakh sq ft, adding 12,000 desks across Bengaluru, Hyderabad and Chennai for 10 to 20 years, the company said

Published on: Apr 06, 2026 2:47 PM IST

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WeWork India has signed five long-term lease agreements across Bengaluru, Hyderabad and Chennai, adding over 7 lakh sq ft of Grade A office space to its portfolio, the company said in a statement on April 6.

WeWork India signed five long-term leases across Bengaluru, Hyderabad and Chennai, adding over 7 lakh sq ft of Grade A office space. (Picture for representational purposes only) (Pexels )

“The five new centres, WeWork Embassy TechVillage 8C, WeWork Vista Earth Centre, and WeWork Infinix Palladium in Bengaluru; WeWork Phoenix H10 in Hyderabad; and WeWork Embassy Splendid in Chennai, will collectively add 12,000 desks to the company’s portfolio,” the statement said.

The lease agreements have been structured for 10 to 20 years.

“By partnering with five distinct landlords across cities and micro-markets, WeWork India is enabling asset owners to future-proof their buildings with workspace solutions while simultaneously offering enterprises a consistent, design-led product across locations,” it said.

Also Read: WeWork India inks managed office deal with TMUS for ₹475.49 cr in Hyderabad

The developments are being delivered in partnership with landlords such as Embassy Office Parks, Madhu Ventures and Vista Spaces, Inspira Builders, and Phoenix Group, the company said.

Karan Virwani, managing director and CEO of WeWork India, said the expansion underscores South India's importance in the country’s office market.

"Bengaluru remains one of the world’s most dynamic technology markets, Hyderabad is scaling at an exceptional pace, and Chennai is emerging as a key hub for global delivery and financial services. Our decision to sign leases across five buildings, spanning over seven lakh square feet, reflects both our conviction in these markets and our ability to execute at scale. This is a long-term commitment, aligned with the sustained, structural demand we are seeing from enterprises adopting flex-first workplace strategies," he said.

Also Read: WeWork leases 1.75 lakh sq ft office space in Hyderabad; sub-leases entire space to JP Morgan in mega deal

Similar deals

Earlier, the company signed a managed office agreement with TMUS India Private Limited for over 2.5 lakh sq ft of workspace in Hyderabad, comprising 1,507 workstations, for ₹475.49 crore over five years.

Located at Phoenix H10, the deal spans five floors and will accommodate around 1,507 workstations. The agreement has a 60-month term, with a 42-month lock-in period. The total contract value stands at ₹475.49 crore, excluding taxes, the statement on March 21 had said.

Last year, WeWork India leased 1.75 lakh sq ft at Skyview 20, a Grade-A tech park, on a five-year term with a starting monthly rent of ₹1.72 crore. The company then sub-leased the entire two-floor space to JP Morgan Services India Pvt Ltd for 60 months at a starting monthly rent of ₹4.38 crore. The two agreements—first between Mahanga Commercial Properties and WeWork, and subsequently between WeWork and JP Morgan—were registered in November 2025, the documents showed.

The company currently operates across eight cities and has a portfolio of over 8.2 million sq ft.

ABOUT THE AUTHOR
Souptik Datta
Souptik Datta is a deputy chief content producer at Hindustan Times Digital, where he reports on southern India with a focus on real estate, urban infrastructure and environmental urban issues. His coverage tracks the intersection of policy, capital flows, regulation and sustainability, examining how these forces shape housing markets, commercial real estate and large-scale infrastructure development across rapidly transforming cities. He also closely tracks civic issues affecting urban residents, including property taxation, planning approvals, public transport expansion, water stress, waste management and the governance challenges that influence everyday life in India’s metros. Souptik’s reporting is driven by a strong interest in accountability, consumer rights and the lived realities of homebuyers and investors navigating volatile pricing cycles, regulatory changes and project delivery risks. He frequently analyses project launches, land monetisation strategies, planning frameworks, RERA-related developments and the broader implications of infrastructure investments on emerging growth corridors. His work blends on-ground reporting with data-backed analysis and long-form explainers aimed at demystifying complex real estate and infrastructure developments for readers. He is an alumnus of the Indian Institute of Journalism and New Media. Before joining Hindustan Times Digital, Souptik was associated with Moneycontrol at Network 18, where he covered real estate, infrastructure and allied sectors, producing market insights, policy-led stories and in-depth features. Outside the newsroom, Souptik is an avid solo traveller and documentary enthusiast, exploring diverse regions and visually documenting unique narratives through film and photography. In his early career, Souptik also freelanced as a documentary photographer, independently working on visual storytelling projects that captured grassroots narratives, urban change and everyday life. He can be reached at souptik.datta@htdigital.in.Read More

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