Urban Vault, a leading provider of managed flexible workspaces, has leased approximately 80,000 square feet of office space from the Embassy Group at Manyata Tech Park, Bengaluru. The facility will accommodate over 2,000 seats, with pricing starting at Rs 10,000 per seat per month, the company announced in a statement.

The new centre is positioned to serve enterprises, scale-ups, and technology-driven firms in one of India’s largest and most dynamic technology hubs. Manyata Tech Park is home to global corporations such as IBM, Philips, GE, and Target, and plays a vital role in Bengaluru’s commercial real estate ecosystem.

“Manyata Tech Park is not only India’s largest tech park but also the beating heart of Bengaluru’s enterprise ecosystem,” said Amal Mishra, CEO of Urban Vault. “With strong pre-leasing from reputed clients and highly competitive offerings, this centre is set to become one of our flagship assets.”

Urban Vault has already signed up clients such as Cloud Odyssey, Pioneer, and SRM Tech for the new space. With this expansion, the company’s total portfolio has grown to 2.58 million square feet, managing over 42,000 seats across Bengaluru, Pune, Gurgaon, and other major Indian cities.

In FY25, Urban Vault reported revenues of Rs 1.2 billion, registering over 70 per cent year-on-year growth, with an 18 per cent profit after tax.

Previous Bengaluru Expansion

In May 2025, Urban Vault also leased 50,000 square feet of office space in Bengaluru’s Central Business District (CBD). The facility, housed in Prestige Obelisk—an 11-storey Grade A commercial tower with 180,000 square feet of office space—was leased from Zackria Hashim and Sadath Ali Kahan, co-founders of KRPL Ventures LLP.

With a per-seat rate of around Rs 10,000, the CBD space marked a key addition to Urban Vault’s portfolio of premium workspaces across India.

Urban Vault continues to expand its high-growth, tech-oriented workspace solutions, targeting top commercial hubs and Grade A properties to cater to India’s evolving business needs.