WeWork India Management Limited has informed the Exchange regarding a press release dated April 06, 2026, titled "Driven by enterprise demand, WeWork India adds 700,000+ sq. ft. across Bengaluru, Hyderabad and Chennai".
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WeWork India has signed five large, long-term lease agreements (10–20 years) adding over 700,000 sq. ft. of Grade A office space and approximately 12,000 desks across Bengaluru, Hyderabad, and Chennai. The five new centres span Embassy TechVillage 8C and Vista Earth Centre in Bengaluru, Infinix Palladium in Whitefield (the largest at ~3,100 desks), Phoenix H10 in Hyderabad's HITEC City, and Embassy Splendid on Chennai's Radial Road. The company is partnering with prominent landlords including Embassy Office Parks, Madhu Ventures & Vista Spaces, Inspira Builders, and Phoenix Group. WeWork India currently operates 73 centres across 8 cities, covering 8.2 million sq. ft. with over 1.21 lakh desks, and about 74% of its members are enterprise clients.
This is one of WeWork India's largest expansions to date and signals strong enterprise demand for flexible workspaces in South India. For shareholders, it points to significant revenue capacity build-up through long-duration leases, though it also implies higher lease liabilities and capex commitments over the coming years.