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WeWork India to foray in Noida market

Wednesday, 09 Oct 2019

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WeWork India, owned by realty firm Embassy Group, is foraying into Noida market in Uttar Pradesh.

The company has taken on lease over three lakh sq ft office space to open three co-working centres comprising nearly 3,900 seats. WeWork India currently has 26 operational co-working centres with 46,000 seating capacity.

It has nine centres in Bengaluru, 10 in Mumbai, six in Gurugram and one in Pune where seats are available in a price range of Rs 5,000 to Rs 40,000 per desk per month.

WeWork India has taken on lease nearly 1.4 lakh sq ft area from Berger Group, 74,000 sq ft from Logix and around 92,000 sq ft from Advant in Noida for three new facilities.