Vyapar Leases 90,000 Sq Ft at Enzyme's Sarjapur Facility in Bengaluru - Major Flex Office Deal

The accounting software provider has taken up three-quarters of the newly launched facility, marking one of Bengaluru's largest flexible office deals this year.

Strategic Lease Agreement Details

Vyapar, the fast-growing accounting software company, has entered into a significant lease agreement for 90,000 square feet of office space at Enzyme Office Spaces' recently launched facility on Sarjapur Road in Bengaluru. The state-of-the-art center encompasses a total area of 1.2 lakh square feet and can accommodate approximately 3,000 employees.

This substantial lease reflects the growing trend of flex space demand in India amid office supply challenges, as companies seek modern, customizable workspace solutions.

Market Implications and Industry Trends

Rising Demand for Flexible Office Solutions

The lease deal exemplifies how software companies and digital-first enterprises are increasingly gravitating toward modern, flexible, and professionally managed office environments. This trend aligns with accelerating office space leasing across India as businesses prioritize operational efficiency and employee experience.

Sarjapur Road's Emerging Commercial Status

With this major transaction, Sarjapur Road's potential as a secondary commercial hub in Bengaluru receives significant reinforcement. The area is becoming an attractive alternative to traditional business districts, offering modern infrastructure and connectivity advantages.

Enzyme Office Spaces' Expansion Strategy

The deal strengthens Enzyme's position in India's flexible workspace market. The company currently operates 32 centers across major cities including Bengaluru, Mumbai, Hyderabad, and Delhi-NCR, offering a combined 1.55 million square feet of workspace and approximately 38,000 seats.

Enzyme's flexible pricing model accommodates diverse client requirements, with desk rentals ranging from ₹5,000 to ₹25,000 per month, depending on configurations and specific needs. This pricing strategy supports the broader surge in office leasing led by flexible spaces across Indian markets.

Strategic Business Outcomes

Several key factors make this lease agreement particularly significant:

• Vyapar's commitment to 90,000 square feet demonstrates the company's readiness for substantial growth and team expansion
• The tailored workspace solution enhances productivity, supports culture alignment, and strengthens brand identity
• With only 30,000 square feet remaining available, demand for the Sarjapur facility shows strong momentum, indicating limited future availability
• The transaction positions Sarjapur as a high-potential business destination beyond Bengaluru's established Central Business District

Broader Market Context

This lease represents one of the largest flexible office deals in Bengaluru's market this year, highlighting the continued appeal of managed workspaces for growing technology companies. The agreement reinforces industry trends showing how office leasing in major Indian cities continues surging as businesses adapt to evolving workplace requirements.

The transaction also underscores Enzyme's significant role in shaping India's flexible workspace ecosystem, as companies increasingly seek professional, scalable office solutions that can adapt to their growth trajectories.