With their commitment towards long term growth and expansion, WeWork India, India’s leading flexible workspace provider along with renowned real estate developer Panchshil Realty, today announced their strategic partnership to build and design workplace that cater to the modern-day workforce.
Through this collaboration, WeWork India and Panchshil Realty will offer Managed Office space solutions in Pune’s recently opened two buildings - Eleven West, and The Golden Bell. Located in Baner and Koregaon Park Annex respectively, the buildings collectively offer across 4 lac sq, ft. of well-lit, sustainably designed office spaces, including nine floors in Eleven West, and seven floors in Golden Bell. The buildings have ample parking spaces, landscaped recreational spaces, as well as easy access to F&B and retail outlets.
WeWork India's expertise in providing customized solutions at scale and Panchshil Realty's unrivaled real estate prowess in Pune, will provide top-quality workspaces within premium grade A office buildings to the occupiers. Managed Office offers ready-to-move-in private offices and flexible workspaces, with global standards design, safety, community and culture.
With end-to-end solutions from sourcing, building, designing and operating the space, managed offices allow large enterprises to create a space that reflects their unique style. Currently, WeWork India manages over 7 lac sq ft of managed office space, ranging from 300 to 5000 seats.
Arnav S Gusain, Country Head, Product and Real Estate, WeWork India said "We are excited to further strengthen our partnership with Panchshil Realty, and offer premium Managed Office solutions in Pune. This strategic partnership is an extension of our long-standing relationship with Panchshil Realty. They have consistently delivered quality workspaces to WeWork India, enabling our expansion across several markets within Pune, and as large enterprises reevaluate their growth strategy, flexible workspaces are emerging as a key component. There is a rising demand for Managed Offices as it offers optimum usage of space and flexibility to scale, along with streamlined operations and amenities. We are proud to be facilitating flexible working for large enterprises and small businesses alike.”
Sagar Chordia, Director at Panchshil Realty said “WeWork India has revolutionised the co-working and managed office business in Pune with their existing centres in landmark Panchshil buildings such as WTC and Futura by delivering ultra-modern and sustainable workspaces. Now, Panchshil is thrilled to join hands with WeWork India once more, aiming to elevate the standards and redefine the co-working and managed office business in the city at its upcoming centers at Eleven West and The Golden bell.”
With this partnership, WeWork aims to curate a superior workspace experience for members and employees and create long term value for landlords. Together, WeWork India and Panchshil Realty are bolstering their contribution towards incorporating flexibility into the dynamic commercial real estate sector in Pune. With a focus on innovation and custom product solutions, WeWork India is poised to continue its growth trajectory and drive the evolution of the flexible workspace industry in India.
