WeWork India Executes Lease Agreements for RMZ Spire in Hyderabad and Manyata Redwood in Bengaluru
- 19th Nov 2023
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Both RMZ Spire in Hyderabad and Manyata Redwood in Bengaluru have recently had lease agreements executed with WeWork India. Both structures, which are slated to break ground within the coming months, are situated in technological epicentres.
Located in the Manyata Tech Park in Bengaluru, Manyata Redwood comprises three stories and provides a working space exceeding 117,000 square feet, which is capable of accommodating more than 1,700 workstations. By means of the Baiyappanahalli Metro Station, it is likewise conveniently connected via the Outer Ring Road.
The structure is enclosed by a variety of dining and recreational establishments, such as the Hilton, a food centre, an outdoor sports zone, an amphitheatre, and the airport, which is accessible within a thirty-minute journey.
WeWork India's director of real estate, product, and procurement, Arnav S. Gusain, stated, "Demand for flexible workspaces in India continues to increase at an alarming rate. By recruiting Manyata Redwood and RMZ Spire, we are reasserting our dedication to delivering innovative and adaptable workspace solutions to organisations.
A variety of contemporary amenities, including a community bar, conference rooms, phone booths, larder, F&B market, mother's room, and gaming room, will be installed in both structures. RMZ Spire in HITEC City, the premier property of WeWork India in Hyderabad, spans an approximate area of 154,000 square feet and comprises four storeys; it has the capacity to accommodate roughly 2,220 workstations.
Situated in the IT corridor of Hyderabad, this establishment offers effortless access to prominent urban features including ITC Kohenur, Westin Hotel, Inorbit Mall, and Medicover Hospital. The building is conveniently reached by members through the Raidurg Metro Station, while the Rajiv Gandhi International Airport is a mere 45-minute journey away.
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