Shares of Brigade Enterprises gained over 2% to trade at ₹1,156.70 on Friday, June 20, after the company announced that its flexible workspace brand, BuzzWorks, has signed a major leasing agreement in Hyderabad.
According to a stock exchange filing dated June 19, Infor India Private Limited has taken up 24,000 sq. ft. of office space at BuzzWorks Auro Orbit located in HITEC City, Hyderabad. This development marks a significant step in BuzzWorks’ ambition to scale its total managed office portfolio to 1 million sq. ft. by FY2026.
Siddharth Verma, General Manager at BuzzWorks, commented on the industry trend, stating, “Hyderabad’s commercial real estate is undergoing a structural shift. The fact that flexible workspace operators accounted for 14% of leased space in India’s top cities signals more than just demand—it marks a redefinition of value in office space.”
The Auro Orbit workspace is designed around an “Urban Forest” theme with biophilic elements, AI-powered smart systems, and panoramic city views, aligning with BuzzWorks’ focus on experience-centric office environments.
BuzzWorks currently operates across multiple cities including Bengaluru, Hyderabad, Chennai, Kochi, and Trivandrum, serving startups, freelancers, and large enterprises alike. This strategic expansion comes amid growing demand for flexible and managed office solutions in India’s IT and service-led business hubs.
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