India, April 23 -- WeWork has leased 2 lakh sq ft of commercial office space in Pune's Wakad area for a total rent of over Rs.161 crore, according to property registration documents accessed by Propstack.
The documents show that the space has been taken in the Phoenix Millennium Tower-3 building, with the lease commencing on January 1, 2026. The space spans the 13th to 17th floors, with the 13th, 14th, and 15th floors leased for 10 years, while the 16th and 17th floors are on a 5-year lease.
The space has been leased from Alyssum Developers Pvt Ltd. The carpet area of the office space is 1.43 lakh sq ft, and the chargeable area is 2.04 lakh sq ft, the documents showed.
According to Propstack, the monthly rent is Rs.1.49 crore, with a 1...
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