Urban Vault (UV), one of India’s fastest-growing managed workspace providers, has strengthened its footprint in Pune with the addition of two new premium centers—Baner Central and Phoenix Fountainhead, Viman Nagar—adding 2,500 seats across nearly 1 lakh sq. ft. of office space. With this expansion, the company’s total Pune portfolio now spans 3,500 seats over 1.4 lakh sq. ft., reinforcing its position as a key player in the city’s rapidly growing managed office segment.

The move reinforces Urban Vault’s leadership in the city’s managed office segment, driven by surging demand from enterprises and mid-sized corporates seeking agile, fully serviced work environments.

Urban Vault has taken up 42,000 sq. ft. of Grade-A workspace at Phoenix Fountainhead, Viman Nagar a premium location, adding 1,200 seats. The center has already secured marquee enterprise clients such as Flexisales and Premier Energies, reflecting strong traction among large occupiers for flexible, high-quality managed spaces.

The company has also expanded in the thriving Baner micro-market at VJ Indiworks, Baner Central with a 50,000 sq. ft. center offering 1,300 seats. Designed for both startups and enterprises, the workspace features collaborative zones, premium meeting rooms, and customizable private suites.

With these strategic additions, Urban Vault’s Pune portfolio now includes three operational centers—two in Baner and one in Viman Nagar—serving a diverse clientele across sectors. The company’s average cost per seat ranges from ₹9,000 to ₹10,000, reflecting its commitment to delivering premium yet cost-efficient workspace solutions.

Speaking on the expansion, Mr. Amal Mishra, CEO of UrbanVault, said: “Pune continues to be one of India’s most dynamic and resilient office markets, driven by a strong base of IT, manufacturing, and startup ecosystems. Our expansion at Baner Central and Phoenix Fountainhead reinforces our commitment to providing flexible, high-quality workspaces that cater to the evolving needs of modern enterprises.”

He added, “With over 3,500 seats now operational across Pune, we are focused on deepening our presence in key business hubs and building long-term partnerships with enterprise clients looking for scalability, efficiency, and flexibility.”

With this launch, UrbanVault expands its national portfolio to over 2.60 million sq. ft., managing 45,000+ seats across Bengaluru, Pune, Gurgaon, and other major cities. The company continues to chart robust growth, backed by strong financials — including a turnover of ₹120 crore in FY25 with 70%+ YoY growth and 18% PAT.

UrbanVault’s expansion in Pune underscores its ambition to become the go-to managed office provider for enterprises seeking flexibility, scalability, and premium work environments across India.