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In a vigorous response to the escalating demand for flexible workspaces, Urban Vault, a forefront provider of managed office spaces in India, has unveiled its ambitious plan to infuse 10,000 additional desks in Bengaluru’s thriving micro-markets. This strategic addition is a part of the company’s broader vision to expand its portfolio, catering to the evolving workspace requirements.
Since its inception in 2018, Urban Vault has been at the forefront of transforming the conventional office setup paradigm, by offering managed co-working spaces. Urban Vault currently boasts 15,000 desks across 40 centres in Bengaluru, encompassing a total area of 10 lakh square feet. The fresh infusion of 10,000 desks will push the total count to an impressive 25,000 desks across the city, spreading over 15 lakh square feet. The distribution of these seats is done strategically - 3,000 seats each in Sarjapur Road and Hebbal, 2,000 in Koramangala, and 1,000 in HSR Layout, with an average rental cost of Rs 10,000 per seat.
Urban Vault’s success is built over its innovative solutions and a customer-centric ethos. The spectrum of offerings ranges from private offices to virtual spaces, all tailored to meet diverse business needs. This strategic approach has endeared Urban Vault to leading enterprises like BluSmart and Gensol Group, who have leveraged the flexibility to foster a culture of agility and innovation.
With an eye on the future, Urban Vault is gearing up for a broader geographical footprint, eyeing bustling markets in Delhi, Hyderabad, and Pune in the upcoming year. This expansion aligns with the company’s vision of getting its transformative workspace solutions to a broader audience.
In conclusion, Urban Vault's strategic approach, tailored offerings, and growing demand from a variety of corporate clients illustrate the enduring appeal of flexible workspaces in India. As the company sets its sights on further expansion in key Indian markets, its commitment to transforming workspaces remains unwavering.
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