WorkEZ targets 35,000 seats as flex workspace demand rises

Sunil Reddy, MD and Founder, WorkEZ

| Photo Credit:

Bijoy Ghosh

WorkEZ, a Chennai-based managed office space provider, is accelerating its expansion across South India, aiming to scale its overall capacity to nearly 35,000 seats over the next two years amid rising demand from Global Capability Centres (GCCs), IT firms and hybrid-work occupiers.The managed office space provider currently operates around 24,000 seats across Chennai, Coimbatore and Bengaluru, serving sectors such as GCCs, IT services, automobile manufacturing, insurance and BFSI. “We have around 18 Fortune 500 firms among our clients,” said Sunil Reddy, MD and Founder, WorkEZ without disclosing the client names.The number seats for GCCs range between 100 and 1,000, he said. “We want to perfect our model in the South first and then gradually move North,” he told businessline.Chennai ExpansionWorkEZ is adding multiple facilities in Chennai, including centres at Phoenix and SSPDL in Alwarpet, besides another smaller asset on the Pallavaram–Tambaram Radial (PTR) Road corridor. The Phoenix facility is expected to go live within the next two months, while most of the newly announced Chennai centres are scheduled to become operational by September-end.The SSPDL project alone is expected to add around 1,700 seats to the company’s portfolio, he said.GCCs Driving DemandAccording to the company, GCCs remain the biggest growth driver for the flex workspace industry.Clients range from companies requiring 100 seats to large occupiers taking over 1,000 seats. The company said demand is increasingly shifting towards fully managed and customised plug-and-play office spaces.WorkEZ currently earns average revenue of ₹10,500–₹11,000 per seat and reported revenue of around ₹138–140 crore in the previous financial year. It expects to grow revenue by another 30–35 per cent this fiscal.Push into tier-II citiesThe company is also betting heavily on tier-II cities as firms increasingly adopt decentralised and hybrid work strategies. In Coimbatore, WorkEZ’s existing 1 lakh sq ft facility is already fully occupied. Encouraged by the response, the company has signed an additional 4 lakh sq ft expansion with the same landlord, he said.The new Coimbatore facility, expected to become operational over the next 24 months, could increase the company’s seating capacity in the city from around 2,000 currently to nearly 8,000 seats, said Reddy.WorkEZ has also entered Kochi with a 68,000 sq ft facility targeting GCCs and IT services firms looking to establish satellite offices closer to employee hometowns.The company recently expanded into Bengaluru as well with a large 1.8 lakh sq ft asset capable of accommodating around 3,300 seats, he said.Published on May 22, 2026