Mumbai, April 2 -- Urban Vault has launched its first Pune workspace at Ambrosia Galaxy, Baner High Street, marking its expansion into the city's growing flex space market.

The 35,000 sq. ft. facility offers 700 seats with per-seat pricing between Rs 6,500 and Rs 8,000. Designed for enterprises, startups, and SMEs, the space aims to provide flexible, scalable, and cost-effective office solutions.

Co-founder and CEO Amal Mishra highlighted Pune's rising demand for managed workspaces and Urban Vault's focus on delivering high-quality, adaptable environments.

The company plans further expansion in Pune, targeting commercial hubs like Balewadi, Hinjewadi, and Kharadi. Urban Vault currently operates over 20 lakh sq. ft. of office space with 30,000+ desks across Bengaluru and other locations.

For FY 2024-25, it expects a Rs 1.2 billion turnover with 18 per cent PAT and 70 per cent Y-o-Y growth, reinforcing its commitment to sustainable expansion.

Published by HT Digital Content Services with permission from Construction World.