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Sumadhura Group forays into managed office spaces, aims to lease 1 million sq. ft of space over the next three years

Sumadhura Group forays into managed office spaces, aims to lease 1 million sq. ft of space over the next three years

Time of India27-05-2025

Sumadhura Group
, a prominent
real estate developer
, has made its entry into the managed office space (MOS) segment with the launch of its premium workspace brand –
Workship
– in Bengaluru.
Strategically located within
Capitol Towers
, Sumadhura's flagship commercial development in Whitefield, Bengaluru, Workship spans over 1.22 lakh square feet and offers more than 3,000 seats.
With the growing demand for
flexible workspaces
across sectors such as IT & ITeS, Global Capability Centers (GCCs), pharmaceuticals, agri-tech, BFSI, and manufacturing, Sumadhura aims to scale significantly. The group plans to lease over 1 million square feet of managed office space, adding more than 10,000 seats over the next three years, positioning itself as a key player in India's evolving workspace ecosystem.
The debut phase of Workship – comprising over 50,000 square feet and 1,500 seats – was fully leased within just three months of launch. Tenants from IT, pharma, and agri-tech sectors were among the early adopters, validating strong market interest.
Buoyed by this momentum, Sumadhura has announced the addition of another 1,500 seats within the same Capitol Towers complex, scheduled for completion by August 2025. This rapid expansion reflects both market confidence and Workship's growing reputation as a premium managed workspace provider.
Madhusudhan G, Chairman & Managing Director, Sumadhura Group, said: 'India is witnessing a significant shift in how workspaces are perceived and utilized, with a growing demand for high-quality, flexible, and premium
managed office spaces
. Bengaluru and Hyderabad are leading this transformation'.
He further said that the strong interest from sectors such as IT/ITeS, agri-tech, and pharma reaffirms our belief that premium managed spaces—backed by real estate credibility and end-to-end operational control—represent the future of work in India. 'Our goal of reaching one million square feet of managed office space over the next three years reflects our confidence in this growth trajectory. Looking ahead, we plan to expand Workship in Hyderabad by 2027, recognizing its growing prominence as a key
GCC hub
and a high-potential premium office space market'.
With Workship, Sumadhura Group aims to redefine the managed office space experience by combining its core strength in real estate development with a hospitality-led approach to workspace management.
The group has delivered more than 54 projects, covering over 13 million square feet, with an additional 40 million square feet currently in the pipeline. In addition to residential developments, the group has diversified its portfolio to include commercial spaces, warehousing, co-living arrangements, and other real estate sectors.

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