WeWork India Management Ltd to Add 3,300 Desks in Hyderabad by June 2026

WeWork India Management Ltd, formerly known as WeWork India Management Private Limited, has entered into a lease deed for capacity addition in Hyderabad, measuring 2,50,348 square feet. This addition will result in an increase in its operational capacity by approximately 3,300 desks. The existing capacity is 1,21,638 desks with a utilization of 83.90%. The proposed capacity addition is expected to be completed by June 2026, requiring an investment of approximately INR 100 Crore. The company plans to finance this through debt or internal accruals to cater to incremental demand and enhance operational capacity in line with business growth.