Real Estate
WE WORK ENTERS MUMBAI, THE ECONOMIC CAPITAL OF INDIA WITH ITS COLLABORATIVE WORKSPACE
WeWork — Dallas (McKinney)
© Zach McNair, zachmcnair.com
Mumbai, September 8, 2017 – After the successful launch of WeWork Galaxy in Bengaluru, the New-York based collaborative giant unveiled its second community workspace in India – “WeWork BKC”, in Bandra Kurla Complex (BKC), the commercial and financial centre of Mumbai.
With 1900+ seats sprawled over 1.9 Lakh sq. ft., the look and feel of the facility in the Economic Capital of India is on par with the global design and aesthetic standards of WeWork. In Mumbai, the start-up giant has worked with various emerging and established local artists to develop murals for different spaces around the building and create bespoke prints for certain rooms.
“WeWork BKC” offers its members three types of memberships, including hot desks, dedicated desks, and private offices starting at Rs. 18,000, Rs. 25,000 and Rs. 40,200 per month, respectively. This includes wi-fi, housekeeping, private noise-controlled office, parking, networking events, and plenty more. “WeWork BKC” also ensures mobility and ease of travel given its connectivity to south and north Mumbai through the Eastern Express Highway, Worli Sea link and as well as the Mumbai metro, which is going to open soon.
Commenting on the Mumbai launch Karan Virwani, Director – WeWork (India) said, “The sharing economy trend in India is gaining traction as more consumers, particularly urban millennials, are finding it convenient and cost-effective. Thus, we need a collaborative workspace that resonates well with the millennial workforce. WeWork is the first brand in the world that adopted a different approach to traditional workspaces. Our locations will help companies of all sizes with the opportunity to collaborate through refreshing design, engaging community, and added benefits. Today we are not only building workspaces, but enabling entrepreneurial stories in India.” He further added, “With a rise in the number of start-ups and freelance professionals over the last few years, co-working spaces, have become the new buzzword in Mumbai. With the launch of WeWork BKC we are aiming 100% occupancy by end of 2017.”
Commenting during the launch Juggy Marwaha, Lead – WeWork (India) said, “Collaborative workspaces are growing rapidly in India. Mumbai has the highest demand and potential for co-working spaces in the country due to its expensive real estate market. With the advent of start-up movement in India, the commercial real estate sector is going through a transformation phase. During the last year WeWork’s enterprise members grew by 91%. With the launch of WeWork BKC, we are offering unrivaled user experience with advantages in terms of scale, a growing and dynamic members network, and incomparable services. WeWork is known to offer open, vibrant and functional workspaces that increase productivity and help businesses thrive” He also added “In Mumbai, we have already signed two new locations set to open in the first quarter of 2018 and have plans to open 12-15 locations over the next 12-18 months.”
Bandra has always been the most vibrant and dynamic communities of Mumbai, as it’s been a cultural melting pot in Mumbai with a variety of events constantly taking place. The sixteen-story tower, “WeWork BKC’s” advantageous location offers its members proximity to the leading local and international companies across sectors, as well as access to exciting bars, restaurants and cafes. The membership includes amenities such as, wi-fi, pantries, community bars, phone booths, conference rooms, wellness rooms, open air terraces, pet-friendly space, parking, and exclusive to WeWork BKC – mini golf and an outdoor theatre.
WeWork believes in constantly engaging with and growing its community through events that bring people together. Leading up to the launch, WeWork has been partnering with a variety of brands that are in line with its mission, from bar nights to start-up conferences, arts and cultural events. With the launch in Mumbai, the collaborative giant plans to host events on almost a daily basis, ranging in all types.
WEWORK INDIA
WeWork, a New York based collaborative workspace and the 5th largest start-up in the world, officially launched its operations in India in 2017. Our members include anyone that considers themselves a creator. WeWork is home to marketing companies, designers, entertainers, PR firms, healthcare professionals, financial services, artists, brick and mortar retailers, F&B, lawyers, health and wellness, accountants, recruiting firms, companies of all sizes who want to work in an inspiring environment that also connects, educates, and fosters collaboration. A global company with a local playbook, we hope to bring in a new way of working that meets the needs of creators in this market, while helping our member businesses grow and succeed, and supporting the creators here to explore global resources and partners.
