Brigade Enterprises Limited has informed the Exchange regarding a press release dated July 15, 2025, titled "BuzzWorks Further Expands in Hyderabad with State-Of-The-Art-Workspaces".
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Brigade Enterprises' managed office arm, BuzzWorks, is launching a new 50,000 sqft centre at Mindspace Business Park in HITEC City, Hyderabad, adding 1,000 seats to its desk bank. This is BuzzWorks' second workspace in Hyderabad, following the Auro Orbit centre, and notably marks expansion beyond Brigade-owned properties since Mindspace is not a Brigade development. The new centre, themed 'ModZen' (Modern Zen), will offer amenities like a cafeteria, wellness room, collaborative zones, and meeting rooms, with direct skywalk access to Raidurg Metro Station. BuzzWorks was launched in 2019 and offers both Built-to-Suit and Ready-to-Occupy office formats primarily targeting large enterprises and growth-focused companies.
This signals Brigade's continued push into the flexible workspace segment and growing demand for its managed office offerings in Hyderabad's IT corridor. The expansion beyond Brigade-owned developments shows operational confidence in third-party asset management, potentially adding a new recurring revenue stream from the commercial/business centre vertical.