House of Hiranandani, a well-known name in India’s real estate sector has officially entered the co-working office space business with the launch of a 160-seat pilot centre in Powai, Mumbai. This move marks a strategic diversification for the developer as it taps into the growing demand for flexible and managed workspaces in India’s commercial real estate market.
The pilot co-working centre is located in Powai, one of Mumbai’s prominent commercial and residential hubs, known for its proximity to business parks, multinational companies, startups, and strong social infrastructure. Powai’s central location and connectivity make it an ideal choice for professionals, startups, and small-to-mid-sized enterprises seeking flexible office solutions.
With this new venture, House of Hiranandani aims to leverage its strong real estate expertise and premium development standards to create high-quality co-working environments. The 160-seat facility is designed to cater to modern workplace needs, offering flexible seating options, collaborative zones, meeting rooms, and essential business support infrastructure. The focus is on creating a productive and community-driven workspace experience.
The entry into co-working aligns with changing work patterns, where companies increasingly prefer flexible office models over long-term leases. Startups, freelancers, remote teams, and even large enterprises are adopting co-working spaces to optimize costs and enhance workforce agility. By launching a pilot project, House of Hiranandani is testing market response while laying the foundation for a potential larger expansion in this segment.
Mumbai continues to be one of India’s strongest office markets, driven by demand from technology firms, financial services companies, and global enterprises. The rise of hybrid work models has further accelerated the growth of co-working and managed office spaces, particularly in well-connected micro-markets like Powai. Developers entering this space are focusing on quality, flexibility, and value-added services to attract occupiers.
The launch of the Powai co-working centre signals House of Hiranandani’s intent to evolve with market trends and expand beyond traditional residential and commercial developments. If the pilot proves successful, the company may explore scaling up its co-working operations across other prime locations. This initiative reflects a forward-looking approach, positioning the brand to benefit from the long-term growth of India’s flexible workspace ecosystem.
