WeWork India to Invest Rs 100 Crore to Expand Presence in Hyderabad

WeWork India has unveiled plans to significantly scale up its operations in Hyderabad with an investment of approximately Rs 100 crore, reinforcing its confidence in the city’s fast-growing office market. The expansion will add around 3,300 new desks to the company’s Hyderabad portfolio by June 2026, strengthening its ability to cater to enterprises, startups and emerging businesses seeking flexible workspace solutions.

The proposed investment will be funded through a combination of internal accruals and debt, reflecting a balanced financing strategy aimed at sustaining growth while maintaining operational flexibility. With this expansion, WeWork India expects to further consolidate its presence in Hyderabad, one of India’s most dynamic commercial real estate markets, driven by strong IT activity, a vibrant startup ecosystem and increasing adoption of hybrid work models.

The company has already entered into lease agreements to support the planned addition of desks. Once completed, the expansion is expected to meaningfully enhance WeWork India’s operational capacity in the city, enabling it to serve a wider spectrum of occupiers ranging from large corporates to small and mid-sized firms. The move also aligns with the company’s broader strategy of expanding selectively in high-demand office locations across India.

WeWork India currently operates over 1.21 lakh desks nationwide, with utilisation levels close to 84 percent, underlining the sustained demand for managed and flexible office formats. The Hyderabad expansion alone represents nearly a 20 percent increase over the company’s existing capacity in the city, highlighting its focus on scaling up in markets that continue to show strong absorption.

Looking ahead, the company plans to maintain a steady pace of expansion, with an estimated addition of 25,000 to 30,000 seats across India in FY27. Industry experts note that cities such as Hyderabad are emerging as preferred destinations for co-working operators due to relatively affordable rentals, strong talent availability and growing enterprise leasing activity.

As India’s office sector undergoes a structural shift towards flexibility and hybrid work, WeWork India’s latest investment signals sustained confidence in the long-term growth of flexible workspaces. By expanding capacity in key markets like Hyderabad, the company aims to remain well positioned to capture rising demand while supporting evolving workplace needs.