WeWork India Secures Rs 475 Cr Deal for Hyderabad Office Expansion

WeWork India has signed a major managed office agreement worth ₹475 crore with TMUS India, strengthening its presence in Hyderabad’s growing commercial real estate market.

As part of the deal, WeWork India will design, build, and manage a large office space of around 250,000 square feet at Phoenix H10. The workspace will span five floors and accommodate over 1,500 workstations, highlighting the scale of the project and the rising demand for flexible office solutions among large enterprises.

The agreement will run for 60 months, with a committed tenure of 42 months. The new office is expected to be ready by May 2026, after which TMUS India will begin its operations from the facility.

Key Highlights

• WeWork India signs ₹475 crore Hyderabad office deal with TMUS

• Major workspace expansion highlights demand for flexible offices

• Enterprise deal boosts WeWork India’s presence in Hyderabad

This partnership reflects a broader trend where companies are increasingly opting for managed office spaces instead of traditional leases. By outsourcing workspace development and operations, businesses can focus more on their core activities while benefiting from ready-to-use, professionally managed environments.

Hyderabad continues to attract strong interest from global capability centres and multinational companies due to its modern infrastructure, skilled workforce, and cost advantages. WeWork India has been steadily expanding its footprint in the city to meet this growing demand.

For WeWork India, this deal not only adds significant value to its portfolio but also reinforces its position in the flexible workspace sector. Large enterprise agreements like this provide stable, long-term revenue while strengthening relationships with global clients.

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Overall, the ₹475 crore deal with TMUS India marks another milestone for WeWork India as it continues to grow its enterprise workspace solutions and deepen its presence in one of India’s most dynamic office markets.