The Executive Centre (TEC), a leading flexible workspace provider, is set to expand its presence in Mumbai, Pune, and Bengaluru, driven by robust office leasing demand from domestic and international companies.
In 2024, TEC had announced an investment of Rs 125 crore to open eight new centres across major cities, reinforcing its confidence in the Indian market.
“India remains one of the largest and fastest-growing markets for TEC. Our substantial investment in new centres across Mumbai, Bengaluru, and Pune reflects our strong confidence in the Indian market and our commitment to offering flexible, premium workspace solutions,” Managing Director, West India, South India & Sri Lanka, The Executive Centrem, Manish Khedia said.
This growth is driven by increased demand from global capability centres (GCCs), BFSI firms, and multinational corporations expanding their back-office and R&D operations. The expansion highlights TEC's strategic push to capture the growing demand for managed office spaces.