The Economic Times daily newspaper is available online now.

    Kovorks partners with Marvel Infrabuild to lease 25000 desks coworking facility in B'lore

    Synopsis

    The proposed luxury co-working facility in Whitefield main road, will be spread over 15,000,00 sft.

    iStock-1148926448Getty Images


    In the first phase Marvel plans to add 1,60,000 sft, of flexible space in Whitefield.

    Bengaluru: US-Based flexible office space provider Kovorks has partnered with city-based Marvel Infrabuild to set up the largest co-working facility in India with a capacity of around 25000 desks.

    The proposed luxury co-working facility in Whitefield main road, will be spread over 15,000,00 sft. Kovorks currently operates flexible offices across 7 locations in the US and Malaysia.

    “India’s co-working segment has seen remarkable growth in recent years and is now a catalyst of sorts for modern workspaces. We desire to create a new design for workspaces and disrupt the conventional office leasing demand and supply equation. The goal is to change the language of commercial real estate booking from per-square-foot to per-seat-per-desk”, said Mallikharjuna Upputuri, Director of Kovorks India.

    In the first phase Marvel plans to add 1,60,000 sft, of flexible space in Whitefield. The second phase totalling to 1.5 mm sft will be completed by 2023.

    Additionally, Marvel Infrabuild plans to develop 3 mn sqft of commercial space targeting Co-working and Coliving operators in the next 3 to 5 years under the brand name Marvel Innovminds.
    SIDBI MSME Conclave 2024 |Register Now.
    ...more
    SIDBI MSME Conclave 2024 |Register Now.
    ...more
    The Economic Times

    Stories you might be interested in