Table Space acquires office space in Bengaluru for Rs 5 Bn
Real Estate

Table Space acquires office space in Bengaluru for Rs 5 Bn

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.

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.

Next Story
Infrastructure Transport

India’s Maha Kumbh of Road Construction

The RAHSTA Forum 2025, held on June 25 at Courtyard by Marriott, Mumbai, delivered powerful insights and dialogue on the future of India’s roads and highways sector. Organised by the FIRST Construction Council, the Forum served as the curtain-raiser to the much-anticipated RAHSTA Expo 2025, set to take place on 3rd and 4th September at the Jio Convention Centre, Mumbai.Union Minister of Roads Transport & Highways Shri Nitin Gadkari, while appreciating the efforts of FIRST Construction Council and ASAPP Info Global Group, commended the awards which recognise excellence across various..

Next Story
Real Estate

Built to Last, Designed to Impress

The construction and interior design industries stand at the confluence of functionality and aesthetics, where innovation powers the creation of enduring structures and inspiring spaces. At the heart of this process are materials and solutions that enable architects, designers, and builders to realise their visions with precision and reliability.Featuring iconic brands such as Fevicol—synonymous with adhesive solutions—Dr. Fixit, a complete waterproofing system renowned for addressing every critical area of construction, and Roff, a specialist in tile-fixing solutions, Pidilite has earned ..

Next Story
Infrastructure Energy

New Push to Cut India’s Air Pollution through Power Sector Reforms

In a significant stride toward environmental sustainability, Cummins India introduced CPCB IV+ compliant gensets to India on July 5, 2023, marking a paradigm shift in the power generation industry. These generators are engineered to adhere to the progressive emission norms set by the Ministry of Environment, Forest, and Climate Change. Being the first sets in the field, they have garnered praise for their remarkable achievements in emissions reduction and cutting-edge technology. Powerica, with its four-decade-long partnership with Cummins India Limited, is dedicated to consistently deliver th..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?