India, March 20 -- WeWork India has signed a managed office agreement with TMUS India Private Limited for over 2.5 lakh sq ft of workspace in Hyderabad, comprising 1,507 workstations, for Rs.475.49 crore over five years, the company said in a regulatory filing.

Located at Phoenix H10, the deal spans five floors and will accommodate around 1,507 workstations. The agreement has a tenure of 60 months, with a 42-month lock-in period. The total contract value stands at Rs.475.49 crore, excluding taxes, the statement added.

"This is a managed office contract. The workspace will be designed, developed, and managed by WeWork on behalf of TMUS India Private Limited," the company said. The project is expected to be completed by May 21, 2026, it s...