Incuspaze Expands in Bengaluru with New Lease
Coworking firm Incuspaze has leased 3.25 lakh sq ft of office space in Bengaluru's QUBE Software Park on Outer Ring Road (ORR). This expansion aims to meet the growing demand for managed flexible workspaces in the city. The new facility will have the capacity to accommodate over 5,000 seats.
This move follows Incuspaze's lease of 1.56 lakh sq ft of office space in Whitefield, Bengaluru, last month. The company's strategic expansion in Bengaluru is driven by India's growth-oriented ecosystem, which continues to attract domestic and foreign occupiers.
"Our expansion into this prestigious location is a testament to our commitment to providing top-tier workspaces in prime business environments," said Incuspaze Managing Partner Sanjay Chatrath. "Additionally, the availability of large land parcels and proximity to an established IT talent pool and residential hubs make the Outer Ring Road one of Bangalore's most attractive IT growth corridors."
Incuspaze founder and CEO Sanjay Choudhary added, "This collaboration marks a significant step towards fostering innovation and creating a vibrant ecosystem for growth."
In the coming 12 months, Incuspaze plans to add 2 million sq ft of office space in Bengaluru and other key cities of south India. Established in 2016, Incuspaze currently has a presence in 44 locations across 18 cities with a total portfolio of 4 million square feet.