UrbanVault Expands into Chennai with ~100,000 Sq. Ft. of Office Space Across Three Properties

UrbanVault
UrbanVault has announced its entry into the Chennai market with a combined ~100000 sq. ft. of workspace across three properties. The company's Chennai portfolio includes Olympia Teknos and UV IPL in Guindy, and Ceebros Chambers on Velachery Main Road.

The Chennai expansion marks UrbanVault's entry into its seventh city, taking its national portfolio to more than 3 million sq. ft. across 80+ centres. The company expects its annual revenue to cross ₹350 crore in FY27, supported by continued expansion across major business markets and growing demand for managed and flexible workspaces.

UrbanVault's expansion strategy has been to establish an initial presence in a market, assess demand and scale rapidly once market potential is validated. The company is following a similar approach in Chennai, where its third property, Ceebros Chambers, spanning ~50,000 sq. ft., is already nearly four times the size of its first location.

“Chennai doesn’t need another operator pitching hospitality-grade lobbies. It needs workspace that is ready when businesses need it. That is the proposition we have taken to every city we have entered. Every city we've entered started as a bet. Chennai is the one we're not hedging on, this is where we expect to build one of our largest clusters outside Bengaluru, not a side market we visit once a quarter,” said Amal Mishra, Co-Founder & CEO, UrbanVault.

NBM Media

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