UrbanVault (UV), one of India’s fastest-growing managed workspace providers, has expanded its Pune portfolio with two new premium centres—Baner Central and Phoenix Fountainhead in Viman Nagar—adding 2,500 seats across nearly 1,00,000 sq. ft. of office space.

With this expansion, UrbanVault’s total footprint in the city rises to 3,500 seats across 1,40,000 lakh sq. ft., spread over three locations: two centres in Baner and one in Viman Nagar. The move strengthens UrbanVault’s position in Pune’s managed office market, driven by growing demand from enterprises and mid-sized corporates for agile, fully serviced work environments.

At Phoenix Fountainhead, Viman Nagar, UrbanVault has leased 42,000 sq. ft. of Grade A workspace offering 1,200 seats. The centre has already attracted marquee enterprise clients including Flexisales and Premier Energies, reflecting rising demand for high-quality flexible spaces.

The company has also expanded at VJ Indiworks in Baner Central with a 50,000 sq. ft. centre offering 1,300 seats. The workspace is designed for startups and enterprises alike, featuring collaborative zones, premium meeting rooms, and customisable private suites.

UrbanVault’s Pune portfolio now includes three operational centres serving a diverse client base across sectors. The firm’s average cost per seat ranges from Rs 9,000 to Rs 10,000, reinforcing its value proposition of premium yet cost-efficient workspace solutions.

Commenting on the expansion, Mr Amal Mishra, CEO of UrbanVault, said Pune remains one of India’s most resilient and dynamic office markets, supported by strong IT, manufacturing, and startup ecosystems. “Our expansion reinforces our commitment to providing flexible, high-quality workspaces that address the evolving needs of modern enterprises,” he said.

He added that with more than 3,500 seats now operational in Pune, the company aims to deepen its presence across key business hubs and build long-term relationships with enterprise clients seeking scalability and efficiency.

Nationally, UrbanVault now manages over 2.60 million sq. ft. of workspace comprising more than 45,000 seats across Bengaluru, Pune, Gurgaon, and other major cities. The company posted a turnover of Rs 1.2 billion in FY25 with over 70 per cent year-on-year growth and an 18 per cent PAT.

UrbanVault’s latest expansion highlights its ambition to become a preferred managed office partner for enterprises seeking flexible, scalable, and premium work environments across India.