UrbanWrk inaugurated a cutting-edge workspace spanning 50,000 sq ft at Raheja Mindspace, Hi-Tech City, Hyderabad, catering to enterprises with 50-500 employees. The design emphasises functionality and elegance, featuring a minimalist aesthetic with wooden rafters guiding visitors to various sections. With Hyderabad's flexi space market accounting for 6% of India's total, UrbanWrk's strategic move anticipates the city's entrepreneurial growth. Anuj Munot, Co-Founder and CEO, highlights the space's appeal to professionals and businesses seeking adaptability. With tech, BFSI, and flex spaces driving demand, Hyderabad's diverse industry landscape positions it for sustained flexi workspace growth, aligning with UrbanWrk's expansion strategy.
UrbanWrk, a player in the flexible workspace industry, has launched its latest centre in Hyderabad's bustling Hi-Tech City, located at Raheja Mindspace. Spanning an impressive 50,000 square feet, the state-of-the-art facility is designed to accommodate up to 900 individuals, catering specifically to enterprises with employee numbers ranging from 50 to 500. This move highlights UrbanWrk's unwavering commitment to delivering adaptable work environments tailored to the evolving needs of modern businesses and professionals.
Characterised by a sleek and functional design ethos, the workspace exudes sophistication and practicality. Upon entry, visitors are guided seamlessly through distinct sections by the ceiling's wooden rafters, cleverly integrated with lighting to delineate pathways to essential areas such as the pantry, cafe, and recreational zone. The flooring, deliberately understated, ensures the ceiling's intricate architecture remains the focal point. A harmonious blend of muted tones in materials and upholstery contributes to a professional and refined ambiance, while strategically placed columns along the corridor are adorned with art frames, enhancing the flow and aesthetic appeal of the space.
This expansion into Hyderabad reflects UrbanWrk's forward-thinking approach, recognizing the city's burgeoning entrepreneurial landscape. With Hyderabad's flexi space market already capturing 6% of India's flexible office domain as of 2023, projections suggest exponential growth, with the Indian flex space market anticipated to reach 80 million square feet by 2026. Notably, this segment is set to represent 9-10% of the entire Grade A office stock in the country within the next two years. The selection of Raheja Mindspace aligns strategically with the project's focus on targeting a key Secondary Business District (SBD), known for its connectivity, proximity to residential areas, and potential for infrastructure expansion.
Driving demand are key sectors such as technology (45%), BFSI (15%), and flexible workspaces (10%), highlighting Hyderabad's diverse industrial landscape. With a thriving startup ecosystem and robust tech infrastructure, the city's flexi workspace industry is primed for sustained growth.
Anuj Munot, Co-Founder and CEO of UrbanWrk, expressed enthusiasm about introducing UrbanWrk's signature blend of agile workspace and community ethos to Hyderabad. He emphasised the centre's appeal to professionals and businesses seeking dynamic and adaptable environments, ensuring the infrastructure is equipped with all modern amenities necessary for seamless operations. Munot also underscored Hyderabad's status as a prominent tech hub, anticipating a surge in demand for flexible spaces, particularly from multinational corporations, as the city's growth trajectory continues.
In summary, UrbanWrk's latest venture in Hyderabad represents a strategic expansion aimed at capitalising on the city's dynamic business landscape. With meticulous attention to design and functionality, the centre promises to cater to the diverse needs of businesses and professionals alike, positioning itself as a premier destination for agile workspace solutions in one of India's most vibrant cities.