Google has taken almost 1 lakh sq. ft of office space in the Mundhwa area of Pune City for 36 months.
The company will utilize this new office located at Amar Pristine 81 commercial tower at the closest proximity to Koregaon Park Annex for its cloud computing business operations. And It is expected that the office will hold over 1300 employees as a capacity of working individuals.
The deal is done. And the company will begin to operate from this office in the coming time. As stated in the lease agreement, Google is also been provided signage rights.
At present, Google has established 4 offices in India. This includes its headquarters located in Hyderabad.
In 2022, Google extended the lease period by 3 years for 6 lakh sq. ft office space located in Hyderabad.
The workspace demand by large enterprises and start-ups is expected to increase in the upcoming years. And it is estimated that the requirement for office spaces will rise by 15 to 20 percent annually over the coming 3-4 years.
This is because of the rise in demand for the options such as hybrid models and work-near-home opportunities in the key cities and tier II cities as well.