Table Space acquires office space in Bengaluru for Rs 5 Bn

19 Sep 2024 CW Team

Table Space, a provider of flexible workspaces for corporates, has acquired 500,000 sq ft of office space in Bengaluru for approximately Rs 5 billion to expand its operations. Sources revealed that the office space is located in Whitefield, Bengaluru, and that the real estate consultant CBRE facilitated the deal.

The President of Table Space, Kunal Mehra, confirmed the transaction but did not disclose the deal value. He stated that the company has acquired the Kalyani Camellia property in Whitefield (Mahadevapura), Bengaluru, adding that this is the second asset owned by Table Space in its portfolio. The first acquisition was the Panchshil Towers in Kharadi, Pune, which spans over 900,000 sq ft.

Mehra noted that Bengaluru is Table Space’s most mature and crucial market, contributing 46% to the company's overall revenue and expected to remain its largest growth area. He highlighted that Table Space is among the leading providers of enterprise workspace solutions in the country, specialising in enterprise-managed workspaces.

Founded in 2017, Table Space has developed over 9.5 million sq ft of custom workspaces, with more than 60 centres across seven cities in India. The company adopts a solution-based approach to meet clients' workspace needs, offering a range of services from ready-to-move-in premium workspaces to fully customised end-to-end managed office solutions, as well as future-first Enterprise Workspace as a Service (WaaS).

Following the COVID-19 pandemic, demand for flexible workspaces has surged. Corporates are increasingly leasing space from flexible providers to reduce capital expenditure and alleviate the challenges of managing office space. The shift to hybrid working models is also a significant factor contributing to growth in this sector.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..