Darwinbox leases 75,000 square feet from Skootr in Hyderabad

Darwinbox, an HR technology business, has leased 75,000 sq ft from managed office space provider Skootr in Hyderabad. Skootr has committed Rs 1 billion to construct 500,000 sq ft, and they intend to invest an additional Rs 1 billion to increase their portfolio in a year. Real estate occupiers are looking out to design the next generation of flexible office spaces that will have the ideal balance of private and open space to fulfil occupiers & employees' needs. Large corporations including Claranet, Grant Thornton, Futures First, Creditsafe, and others have leased space from Skootr in its Hyderabad location. Darwinbox, Hyderabad's first unicorn, has also secured a lease for roughly 850 seats. Hyderabad has experienced a significant increase in office space over the past few years as a result of numerous governmental measures, a growing client base, and rising corporate needs, which has sparked growth potential in the managed workspace. In Q3 2022, return to the office persisted across industries, and occupiers are looking for workplaces to get a premium office experience. Also read: Noida high-rises to see structural audit under new policy Amid redevelopment, rents on the rise in western Mumbai