Urban Vault Expands to Pune with 35,000 sq ft Flex Space in Baner

03 Apr 2025 CW Team

Urban Vault, a leading brand for managed flex spaces, has entered the Pune market with the launch of its latest workspace at Ambrosia Galaxy, Baner High Street.

Spanning 35,000 sq. ft. and offering 700 seats, this state-of-the-art facility is designed to cater to the evolving workspace needs of enterprises, startups, and SMEs in Pune’s thriving business ecosystem.

With per-seat pricing ranging from Rs 6,500 to 8,000, Urban Vault aims to provide businesses with flexible, scalable, and cost-effective office solutions.

Speaking about the launch, Amal Mishra, Co-founder and CEO of Urban Vault, said: "Pune is a rapidly growing market with a strong demand for flexible office solutions. Our entry into this city is driven by the increasing need for high-quality, managed workspaces that cater to diverse business requirements. At Urban Vault, we are focused on delivering workspaces that are not just aesthetically pleasing but also functional, adaptable, and conducive to growth.”

Urban Vault’s expansion into Pune is part of its broader strategy to capitalize on the city's growing demand for hybrid and managed office spaces. The Baner location offers seamless connectivity, premium amenities, and an ideal work environment for companies looking to scale efficiently while maintaining operational flexibility.

Following the success of its Baner launch, Urban Vault plans to expand further across Pune, targeting key commercial hubs such as Balewadi, Hinjewadi, Viman Nagar, Kalyani Nagar, and Kharadi, while also exploring opportunities in emerging business districts like PCMC. The company’s growth strategy focuses on scalability, sustainability, and fostering a dynamic, community-driven work environment.

Currently, Urban Vault operates over 20 lakh sq ft of office space and has more than 30,000 desks in its portfolio. With a strong presence in Bengaluru, where it operates over 65 centres, the company is set to expand further. It is actively exploring new locations to grow its portfolio, contributing to its on-going business expansion and revenue growth.

Urban Vault is committed to redefining the future of work by integrating advanced technology solutions and sustainability features into its office spaces. Its expansion aims to create a collaborative ecosystem that enhances innovation and productivity for businesses of all sizes.

For the 2024-25 fiscal year, Urban Vault is projected to achieve a turnover of Rs 1.20 billion, with an impressive 18% profit after tax (PAT) and 70 per cent+ year-over-year growth. The company's EBITDA stands at 30 per cent, demonstrating its commitment to sustainable and profitable growth

Urban Vault, a leading brand for managed flex spaces, has entered the Pune market with the launch of its latest workspace at Ambrosia Galaxy, Baner High Street. Spanning 35,000 sq. ft. and offering 700 seats, this state-of-the-art facility is designed to cater to the evolving workspace needs of enterprises, startups, and SMEs in Pune’s thriving business ecosystem. With per-seat pricing ranging from Rs 6,500 to 8,000, Urban Vault aims to provide businesses with flexible, scalable, and cost-effective office solutions. Speaking about the launch, Amal Mishra, Co-founder and CEO of Urban Vault, said: Pune is a rapidly growing market with a strong demand for flexible office solutions. Our entry into this city is driven by the increasing need for high-quality, managed workspaces that cater to diverse business requirements. At Urban Vault, we are focused on delivering workspaces that are not just aesthetically pleasing but also functional, adaptable, and conducive to growth.” Urban Vault’s expansion into Pune is part of its broader strategy to capitalize on the city's growing demand for hybrid and managed office spaces. The Baner location offers seamless connectivity, premium amenities, and an ideal work environment for companies looking to scale efficiently while maintaining operational flexibility. Following the success of its Baner launch, Urban Vault plans to expand further across Pune, targeting key commercial hubs such as Balewadi, Hinjewadi, Viman Nagar, Kalyani Nagar, and Kharadi, while also exploring opportunities in emerging business districts like PCMC. The company’s growth strategy focuses on scalability, sustainability, and fostering a dynamic, community-driven work environment. Currently, Urban Vault operates over 20 lakh sq ft of office space and has more than 30,000 desks in its portfolio. With a strong presence in Bengaluru, where it operates over 65 centres, the company is set to expand further. It is actively exploring new locations to grow its portfolio, contributing to its on-going business expansion and revenue growth. Urban Vault is committed to redefining the future of work by integrating advanced technology solutions and sustainability features into its office spaces. Its expansion aims to create a collaborative ecosystem that enhances innovation and productivity for businesses of all sizes. For the 2024-25 fiscal year, Urban Vault is projected to achieve a turnover of Rs 1.20 billion, with an impressive 18% profit after tax (PAT) and 70 per cent+ year-over-year growth. The company's EBITDA stands at 30 per cent, demonstrating its commitment to sustainable and profitable growth

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Infrastructure Urban

02 Jun 2026

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Infrastructure Transport

02 Jun 2026

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..