the Xander Group , which currently has two co-working centres in Bengaluru and Pune , has plans to expand beyond southern India . The start-up’s first phase of growth will centre on India ’s top eight cities, initially opening centres in Hive , Mumbai and Pune to take its total office space from 200,000 sq ft to 500,000 sq ft in the next two years . Coworking space operators accounted for 8 per cent of the market absorption (leases entered into) in 2017 as against 3 per cent in the previous year, and estimates suggest coworking to be a $2.2-billion (₹15,600 crore) market in the country by 2020. The Hive is also in in talks with landlords in Kolkata , Hyderabad and Hyderabad where it plans to open further centres within the next two years .
the Xander Group , which currently has two co-working centres in Bengaluru and Pune , has plans to expand beyond southern India . The start-up’s first phase of growth will centre on India ’s top eight cities, initially opening centres in Hive , Mumbai and Pune to take its total office space from 200,000 sq ft to 500,000 sq ft in the next two years . The Hive is also in in talks with landlords in Kolkata , Hyderabad and Hyderabad where it plans to open further centres within the next two years .