WeWork India announced the signing of the lease agreement for a new building, Eleven West in Pune. Located in Baner, the workspace spans over 92,000 sq ft and marks WeWork India’s third transaction with leading real estate developer, Panchshil Realty. The real estate developer’s consistent partnership with WeWork India not only reflects their confidence in the brand but also in the potential of the flex workspace industry in the country. The flex workspace provider has established its presence in multiple locations in the city, and Eleven West marks its foray into West Pune. WeWork India is also partnering with Panchshil Realty for yet another asset - Golden Bell, marking another significant milestone in its efforts to expand their footprint in the city. It also showcases WeWork’s dedication to providing workspaces at prime locations tailored to the needs of entrepreneurs, SMEs and large enterprises.
Located around residential and commercial locality, the building offers peaceful surroundings. The design of Eleven West is inspired by nature, with ample natural light filtering into the office spaces from all sides of the building. The interior features a beautifully designed community bar and lounge, accentuated by decorative lights and natural materials. Eleven West houses a curated art collection that celebrates local craftsmanship and the beauty of the surrounding hills. The building has been designed to meet the diverse requirements of its members, offering different types of spaces such as event spaces, quiet zones, and conversation rooms. The building’s design is a reflection of WeWork India's commitment to creating workspaces that foster creativity, collaboration, and productivity.
Commenting upon the expansion announcement, Arnav S. Gusain, Head of Real Estate & Product, WeWork India said, “We are thrilled to announce our partnership with Panchshil Realty, one of the leading real estate developers in India, as we expand our network in Pune through Eleven West. This collaboration builds on our long-standing relationship with Panchshil Realty, which has consistently delivered quality workspaces to WeWork India. Pune has emerged as one of the prominent cities for businesses seeking top-quality real estate. We are proud to be part of this thriving business ecosystem and look forward to expanding our footprint in the city by providing world-class workspace experiences to the modern workforce.”
Sagar Chordia, Director, Panchshil Realty added, “WeWork India has been a credible partner of Panchshil Realty since 2019. WeWork India marked its first space take-up in the city at Futura, Pune, and the addition of its office space at Eleven West further strengthens our ties and reflects confidence in our workspaces. The availability of flexible office spaces has led several businesses to thrive globally and we are glad to have partnered up with the best in the industry. WeWork India’s design and philosophy align with Panchshil’s vision to be at par with the global standards with a focus on sustainability at its core.”
The new spaces will offer expertly designed technology, agile workspace solutions and access to a community catering to the varied needs of members and businesses of all sizes. Over the course of four years, WeWork India and Panchshil Realty have steadily partnered to open multiple buildings - Futura, WTC Tower 5, and now Eleven West. As organisations return to work in full force, this consistent partnership has been a major enabler of flexibility at work and WeWork India's success in Pune.
WeWork India's continued expansion reflects the company's reliability and strong relationships with landlords, IPCs, and members. 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.
