Urban Vault Enters Pune Market with New 35,000 Sq. Ft. Flex Office at Ambrosia Galaxy

Urban Vault, a leading provider of managed flex spaces, has entered the Pune market with the launch of its latest workspace at Ambrosia Galaxy, Baner High Street. This marks a significant milestone in the company’s expansion strategy, aimed at catering to the growing demand for flexible and scalable office solutions in Pune’s thriving business ecosystem.

The newly launched facility spans 35,000 sq. ft. and offers 700 seats, providing a modern workspace designed to meet the needs of enterprises, startups, and SMEs. With per-seat pricing ranging from INR 6,500 to 8,000, the space is positioned as an affordable yet premium option for businesses looking to scale efficiently while maintaining flexibility in their operations.

Speaking about the expansion, Mr. Amal Mishra, Co-founder and CEO of Urban Vault, said, "Pune is a rapidly growing market with a strong demand for flexible office solutions. Our entry into this city is driven by the increasing need for high-quality, managed workspaces that cater to diverse business requirements. At Urban Vault, we are focused on delivering workspaces that are not just aesthetically pleasing but also functional, adaptable, and conducive to growth.”

Urban Vault’s expansion into Pune aligns with the city’s increasing shift toward hybrid and managed office spaces. The Baner location was strategically chosen for its seamless connectivity, premium amenities, and vibrant business environment, making it an ideal destination for companies seeking an efficient and well-equipped workspace.

Building on the success of this launch, Urban Vault is set to expand further across Pune, targeting key commercial hubs such as Balewadi, Hinjewadi, Viman Nagar, Kalyani Nagar, and Kharadi. Additionally, the company is exploring opportunities in emerging business districts like PCMC to strengthen its presence in the region. This expansion strategy is driven by the company’s focus on scalability, operational efficiency, and fostering a dynamic, community-driven work environment.

Currently, Urban Vault operates over 20 lakh sq. ft. of office space, with more than 30,000 desks across its portfolio. In Bengaluru alone, the company manages over 65 centers, solidifying its leadership position in the managed workspace segment. As part of its long-term growth strategy, Urban Vault is actively identifying new locations to expand its footprint and enhance its service offerings.

Beyond physical expansion, the company remains committed to redefining the future of work by integrating advanced technology solutions and sustainability features into its office spaces. Its vision is to create a collaborative ecosystem that fosters innovation and enhances productivity for businesses of all sizes.

For the 2024-25 fiscal year, Urban Vault is projected to achieve a turnover of Rs 120 crore, with an 18% profit after tax (PAT) and a 70%+ year-over-year growth. The company’s EBITDA stands at 30%, reflecting its commitment to sustainable and profitable expansion.