at Max House, Okhla
~ UrbanWrk’s new offering spanning 16,507 square feet to accommodate
275 seats ~
Delhi, April 01, 2024: The introduction of UrbanWrk's premium flexi space at Max House, Okhla,
New Delhi, signals a significant move in the enterprise-managed workspace industry, particularly in
the NCR region. With a capacity of 275 seats, the tech-enabled, sustainable workspace aims to
accommodate companies from diverse sectors, aligning with the growing demand for flexible
workspace solutions in India's capital.
Anuj Munot, Founder and CEO of UrbanWrk, expressed excitement about entering the NCR market
and highlighted the strategic significance of Max House's location and partnership with Max Estates.
This move reflects UrbanWrk's ambitious expansion plans and its confidence in the potential of the
NCR region for future growth.
Elaborating on the vision behind the initiative, Anuj Munot said, “We are elated to launch the latest
flexi space centre, at Max House in Okhla, which marks our foray into the growing NCR market. And,
to be trusted by a premium developer like Max Estates, at one of their most prestigious buildings
bolsters our confidence in what we are building as a company. The NCR is a key region in our future
growth and we are excited for this new chapter for our company.”
The Indian flexi space sector has indeed experienced remarkable growth, with the National Capital
Region (NCR) accounting for a significant market penetration of 7.4% as of 2023. According to
Avendus' latest report, the flexi space industry presents a substantial market opportunity, valued at
USD 9 billion. This valuation is supported by the sector's expansion, with the current flex office stock
in India standing at 61 million square feet, projected to reach 126 million square feet by 2028. Such
growth represents a compound annual growth rate (CAGR) exceeding 15%. With such promising
growth prospects, the flexi space industry presents opportunities for innovation and investment,
with providers like UrbanWrk poised to capitalize on the evolving needs of businesses by offering
tailored, tech-enabled workspace solutions.
Max House is a benchmark of quality, design, and sustainability, with good amenities such as a food
court, lounge, coffee outlets, and event space area. UrbanWrk's new project aims to redefine the
working experience by providing a conducive environment for innovation and productivity. The
workspace features upscale aesthetics, ergonomic furniture, ample natural lighting, and enterprise-
grade IT infrastructure to support uninterrupted connectivity.
Commenting on the facilities at the new UrbanWrk centre, Anuj Munot added, “Since inception,
UrbanWrk has been committed to providing top-of-the-line facilities that foster innovation and
facilitate collaboration between the entrepreneurially spirited. Much like all our managed spaces, we
have ensured that the new infrastructure offers world-class amenities that create a creative and
productivity-inducing ambience, and also cater to the varied needs of today's professionals.”
About UrbanWrk (https://urbanwrk.com/)
UrbanWrk offers premium & sustainably built enterprise-managed workspaces across Pune,
Mumbai, Delhi, Gurgaon Hyderabad & Kolkata that are tech-enabled, convenient, and hand crafted
premium spaces to match client’s needs. With clients like Deloitte, Carrier, L&T, BDO Rise, 3M,
Ather, L&T, Schinder, SBI General Insurance and several other marquee companies, UrbanWrk has
earned the reputation of being a premium client-centric flex operator.
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