TL;DR (Too long, didn't read):
- WorkEZ was founded in the second half of 2019, with the first centres opening just before the COVID-19 pandemic began.
- The portfolio has expanded to more than 1.7 million square feet across 14 centres in Chennai, Bengaluru, Coimbatore, and Kochi with over 24,000 seats in total.
- Top-line revenue has grown, and the business has been full-year profitable since FY 2023.
- High portfolio-wide occupancy, which reflects strong pre-commitments and launch-phase demand at our newer centres.
- The stated target for FY 2028 is 6 million square feet of managed office space across Tier 1 cities and selected Tier 2 cities.
- For enterprise clients, scale matters because it enables consistency across centres, the ability to flex seat count without changing vendor, the transfer of operational risk, multi-city coverage under one relationship, and the long-term continuity that comes from a profitable operator.
WorkEZ is expanding its presence into Bengaluru, Coimbatore, and Kochi while strengthening its roots in Chennai. However, the more important question for any business evaluating a managed office partner is what that scale actually enables.
The sections below trace the growth story behind the numbers, describe the operating philosophy that drove it, and explain what our current size and trajectory mean for clients who are placing a multi-year bet on the continuity of their workspace provider.
WorkEZ at a Glance (2026)
Metric | Value |
|---|---|
Operational centres | 14 |
Footprint | 1.7 million square feet |
Seats | 24,000+ |
Cities | 4 (Chennai, Bengaluru, Coimbatore, Kochi) |
Portfolio-wide occupancy | Over 90 per cent |
Top-line CAGR | Over 150 per cent |
Portfolio growth rate | Over 50 per cent annually |
Target by FY 2028 | 6 million square feet |
Did You Know?
WorkEZ was founded in the second half of 2019, which means our first centres opened a few months before the COVID-19 pandemic closed offices worldwide.
Through 2020, 2021, and 2022, while many operators in our category retrenched or ceased operations, WorkEZ continued to sign new centres. This counter-cyclical commitment to building during a period when most of the market was discounting the category is one of the reasons the business was able to reach full-year profitability by FY 2023, and to now operate 12 centres across three cities.
Expanding Horizons
Within Chennai, our expansion has deepened coverage across every commercial submarket that enterprises operate in. WorkEZ Hansa & WorkEZ Clubhouse anchor our central business district (CBD) presence. In Guindy, we operate WorkEZ Willow Square and WorkEZ Chambers. On OMR, which is the city's major SEZ and technology corridor, we run WorkEZ Urban Square and WorkEZ The Ark, alongside WorkEZ SM Towers in Perungudi. WorkEZ Helix & One National Park serves Velachery, WorkEZ Park Centre serves Alwarpet, and WorkEZ The Address serves Pallavaram near the airport.
Outside Chennai, WorkEZ Techshire is our first centre in Bengaluru.
WorkEZ Vivera is our first centre in Coimbatore, a city that has emerged in recent years as a meaningful Global Capability Centre and IT services cluster. We believe early-mover operators will define the category.
WorkEZ IT Twin Towers is our first centre in Kochi.
Fourteen centres, four cities, one operator. The WorkEZ footprint now extends from the Anna Salai central business district in Chennai, to the enterprise corridor in Bengaluru, to the emerging Global Capability Centre cluster in Coimbatore.
The WorkEZ Edge
At WorkEZ, we offer turn-key office space solutions to a diverse range of clients, from early-stage startups to global corporations. Our approach adds tangible value to our clients and landlords alike.
Our aim is to become a leading pan-India player, promoting profitable growth, with a targeted overall portfolio of six million square feet by FY 2028, across Tier 1 and select Tier 2 cities.
The six-million-square-feet target for FY 2028 represents roughly a four-fold increase from our present scale. Reaching it will require continuing the operating discipline that has defined the business to date:
- Centre-by-centre build quality with no compromises at the fit-out stage,
- Enterprise-first design, in-house design, project management, and
- Facility teams rather than outsourced operations, and
- Capital allocation decisions that are only made when the unit economics work.
Why Scale Matters If You Are Evaluating a Managed Office Partner
For enterprise occupiers who are evaluating managed office partners on multi-year commitments, scale does create four specific advantages that smaller operators cannot match.
A. Consistency of experience across centres. When a team works out of multiple WorkEZ centres, or when an enterprise has teams placed in different cities, the amenity standard, service level, and physical build quality are consistent from one building to the next. This is only possible when the operator has in-house design, project, and facility capabilities, rather than relying on third-party providers whose output varies by engagement.
B. The ability to flex seat count without switching vendors. A business that starts with 50 seats at a WorkEZ Guindy centre, and grows to 200, can be accommodated either within the same centre or across different Chennai centres. It does not need to onboard a second managed office partner. As the business expands from Chennai into Bengaluru, WorkEZ can move with it.
C. Operational risk transfer. A larger and profitable operator absorbs the operational risks that would otherwise fall to the client's internal facility team: power reliability, security, housekeeping, IT infrastructure, and regulatory compliance. This transfer is the core of the managed office model, and it only works reliably when the operator has genuine scale in each of those functions.
D. Long-term continuity that comes from financial health. Full-year profitability since FY 2023 means that WorkEZ is not dependent on the next round of external funding to keep its centres running. In a category that has seen multiple operator failures in the past three years, this discipline matters.
We remain dedicated to providing cutting-edge workspaces that cater to diverse business needs, leveraging in-house Design and Project teams to custom-suit office spaces that enhance collaboration, productivity, and employee satisfaction and retention. Our over 90 per cent occupancy rate across our portfolio stands as a testament to the strength of our value proposition.
Prathap Murali, CEO, WorkEZ
Book a tour at the WorkEZ centre closest to your preferred submarket.
Book NowAbout Our Centres
WorkEZ Helix in Velachery received the 2026 Realty+ Flex Space Project of the Year (New Launch) recognition. WorkEZ The Ark in Sholinganallur on OMR, and WorkEZ Park Centre in Alwarpet, are among our newer additions in Chennai.
Our expansion into Bengaluru (WorkEZ Techshire), Coimbatore (WorkEZ Vivera) and Kochi (WorkEZ IT Twin Towers) represents the first phase of a longer pan-India plan.
Where WorkEZ Fits in the Indian Managed Office Market
By centre count and total square footage, WorkEZ is the largest enterprise-focused managed office operator in Chennai. Nationally, the business is among the fastest-growing operators in the category, with a deliberate focus on enterprise clients rather than open coworking.
Our next centre is already in planning. The centre after that is already scoped. The growth story that this page describes is a continuing one rather than a completed one.
From a 2019 founding to more than 1.7M sq.ft. of managed office space in under 5 years.
WorkEZ is the largest enterprise-focused managed office operator in Chennai, with 14 centres across four cities. Our trajectory is built for the enterprise clients who need a managed office partner that will still be operating well in 2028, in 2030, and beyond.