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The company eyes a rental revenue of Rs 700 crore with the upcoming developments. In FY25 the company plans to add 2 msf of managed working spaces with a potential revenue of Rs 1,000 crore in Bengaluru.
The top eight Indian markets witnessed total office transactions of 59.6 msf in 2023, registering 15 percent YoY growth.
The facilities located in Manyata Redwood in Bengaluru, and RMZ Spire in Hyderabad are set to open within the next few months, it added.
The company has, more than 36 centres and 25,000 seats across Maharashtra, Telangana, Tamil Nadu, Karnataka, Gujarat, Uttar Pradesh, and West Bengal
The company added that it has also flagged off the development of a 40-megawatt (MW) data centre inside the tech park. The data centre will have a built-up area of 0.3 msf.