WeWork India to lease Galaxy Lodge in Gurugram, Actual Property Information, ET RealEstate


 WeWork's co-working space in BKC, Mumbai (File photo)
WeWork’s co-working area in BKC, Mumbai (File picture)

NEW DELHI: WeWork India is in talks to lease Galaxy Lodge in Sector 15, Gurugram, in accordance with a number of sources. The lodge is owned by city-based Saya Group.

The corporate is planning to lease the area for about Rs 80-85 per sq ft monthly, one of many sources stated. Whole space of Galaxy Lodge is about 80,000 sq ft, which make the lease to about Rs 64-68 lakh monthly or Rs 7.6-8.1 crore per 12 months.

WeWork India declined to remark whereas Saya Group couldn’t be reached for feedback until the publishing of the story.

This shall be firm’s third main lease in Gurugram. Beforehand it had rented 2.25 lakh sq ft of workplace area in DLF Cyber Metropolis for about Rs 130 per sq ft monthly.

It had additionally leased 1.05 lakh sq ft of area alongside the MG Highway.

Other than Gurugram, WeWork India at present has 5 co-working areas operational in Bengaluru and Mumbai.

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