Hanto Workspaces, a leading provider of managed commercial real estate solutions, has announced the launch of 1 lakh square feet of premium workspace in Bangalore, marking a significant expansion driven by robust demand for tailored office solutions. This addition boosts Hanto’s total managed workspace in Bangalore to 2 lakh square feet, reinforcing its position in the city’s competitive real estate market.
In addition to the Bangalore expansion, Hanto Workspaces is poised to enter new markets with upcoming launches totaling 2 lakh square feet in Hyderabad and Pune. This strategic move is driven by strong organic demand from its existing client base, underscoring Hanto’s growing footprint and commitment to meeting diverse workspace needs across major Indian cities. A spokesperson from Hanto Workspaces highlighted, “The surge in demand for managed workspaces reflects a growing preference among businesses for high-quality, flexible office solutions at competitive pricing. At Hanto, we differentiate ourselves by offering unparalleled customization in interiors and services, facilitating seamless transitions from traditional workspaces to our managed solutions.”
The company recently secured INR 15 crore in seed funding led by Founder, KredX, and other angel investors in November 2023, comprising equity and debt components. This capital infusion aims to support Hanto’s ambitious growth plans and expand its presence nationwide, targeting a revenue milestone of over INR 700 crore by 2028. Despite rapid expansion, Hanto Workspaces maintains an impressive 90% occupancy rate across its properties, including newly launched facilities. Pre-bookings for upcoming properties further underscore strong market confidence and demand for Hanto’s offerings. The company attributes its high occupancy rates to close client collaboration and tailored workspace solutions, ensuring proactive planning and client satisfaction.
As Hanto Workspaces continues to innovate and expand its footprint, it remains a preferred partner for businesses seeking efficient, adaptable, and high-quality office environments across India’s dynamic urban landscapes. This expansion highlights Hanto’s commitment to driving workspace evolution and supporting corporate growth through innovative real estate solutions.
