By Sobia Khan
Copyright indiatimes
BHIVE Workspace, a coworking and managed office spaces firm, has expanded its footprint in Bengaluru’s Central Business District with a 40,000-square-foot office space.BHIVE Platinum is leased from Century Real Estate and is the sixth coworking and managed workspace in Indiranagar, offering 1,052 seats.Shesh Rao Paplikar, Founder and CEO of BHIVE Group, said, “This is one of the most sought-after destinations in Bengaluru, with very limited supply and a high concentration of key business leaders living and working around the area. This allows us to offer a premium workspace at a prime location, with a very strong value proposition in terms of pricing.”Also Read: India breaks into top-10 branded residency marketsBHIVE has added 1.5 million square feet to its coworking and managed office portfolio in the last two years. This rapid expansion is in line with the company’s strategy to meet the growing need for hybrid and adaptable workspaces. By the end of FY26, BHIVE Workspace plans to double its existing footprint to 3 million square feet.Live EventsBHIVE Workspace registered a revenue of over ₹250 crore in FY 2024-25. Building on this momentum, the company is targeting 20% growth this fiscal year as a run-up to its pre-IPO plans. This effectively doubles its growth trajectory while sustaining profitability in the highly competitive coworking and managed office space industry.BHIVE has a footprint of 1.8 million sq.ft of premium workspaces across over 28 centres in Bengaluru and Mumbai.Add as a Reliable and Trusted News Source Add Now!
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(You can now subscribe to our Economic Times WhatsApp channel)Read More News onBHIVE WorkspaceBHIVE targetindia property newsreal estateBengaluruCentury Real EstateBHIVE GroupindiranagarBHIVE Workspace target(Catch all the Business News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online….moreless
