New Workspace Offers 700 Desks with Flexible Pricing
Urban Vault, a leading provider of managed flex spaces, has made a strategic entry into Pune by launching a 35,000 sq. ft. facility at Ambrosia Galaxy, Baner High Street. The state-of-the-art workspace offers over 700 desks, with pricing ranging from ₹6,500 to ₹8,000 per seat per month, targeting startups, SMEs, and enterprises seeking flexibility and scalability.
Mr. Amal Mishra, Co-founder and CEO of Urban Vault, stated, “Pune is a rapidly growing market with a strong demand for flexible office solutions. Our entry into this city is driven by the increasing need for high-quality, managed workspaces that cater to diverse business requirements.”
Strategic Expansion and Growth Plans
Following the Baner launch, Urban Vault plans further expansion across Pune, focusing on key commercial hubs such as Balewadi, Hinjewadi, Viman Nagar, Kalyani Nagar, and Kharadi. Additionally, emerging business districts like PCMC are being explored for future developments.
Urban Vault currently operates over 20 lakh sq. ft. of office space with 30,000+ desks, mainly in Bengaluru, where it manages 65 centers. For the fiscal year 2024-25, the company projects a turnover of ₹120 crore, with a profit after tax (PAT) of 18% and a year-over-year growth rate exceeding 70%.
With this latest expansion, Urban Vault aims to solidify its position as a leading provider of managed office spaces, fostering innovation and productivity while promoting sustainable growth.
Also Read: Corporate Biggest User Of Coworking Spaces.
