Urban Vault Expands to Pune, Launches 35,000 Sq. Ft. Managed Flex Space at Ambrosia Galaxy, Baner High Street
Urban Vault, a leading brand for managed flex spaces, has entered the Pune market with the launch of its latest workspace at Ambrosia Galaxy, Baner High Street.
Spanning 35,000 sq. ft. and offering 700 seats, this state-of-the-art facility is designed to cater to the evolving workspace needs of enterprises, startups, and SMEs in Pune’s thriving business ecosystem.
With per-seat pricing ranging from INR 6,500 to 8,000, Urban Vault aims to provide businesses with flexible, scalable, and cost-effective office solutions.
Speaking about the launch, Mr. Amal Mishra, Co-founder and CEO of Urban Vault, said: “Pune is a rapidly growing market with a strong demand for flexible office solutions. Our entry into this city is driven by the increasing need for high-quality, managed workspaces that cater to diverse business requirements. At Urban Vault, we are focused on delivering workspaces that are not just aesthetically pleasing but also functional, adaptable, and conducive to growth.”
Urban Vault’s expansion into Pune is part of its broader strategy to capitalize on the city’s growing demand for hybrid and managed office spaces. The Baner location offers seamless connectivity, premium amenities, and an ideal work environment for companies looking to scale efficiently while maintaining operational flexibility.
Following the success of its Baner launch, Urban Vault plans to expand further across Pune, targeting key commercial hubs such as Balewadi, Hinjewadi, Viman Nagar, Kalyani Nagar, and Kharadi, while also exploring opportunities in emerging business districts like PCMC. The company’s growth strategy focuses on scalability, sustainability, and fostering a dynamic, community-driven work environment.
Currently, Urban Vault operates over 20 lakh sq. ft. of office space and has more than 30,000 desks in its portfolio. With a strong presence in Bengaluru, where it operates over 65 centers, the company is set to expand further. It is actively exploring new locations to grow its portfolio, contributing to its ongoing business expansion and revenue growth.
Urban Vault is committed to redefining the future of work by integrating advanced technology solutions and sustainability features into its office spaces. Its expansion aims to create a collaborative ecosystem that enhances innovation and productivity for businesses of all sizes.
For the 2024-25 fiscal year, Urban Vault is projected to achieve a turnover of Rs 120 crore, with an impressive 18% profit after tax (PAT) and 70%+ year-over-year growth. The company’s EBITDA stands at 30%, demonstrating its commitment to sustainable and profitable growth.
