Ahmedabad-based real estate developer Shivalik Group has officially announced its entry into the managed office space segment, committing an initial investment of ₹10 crore. This strategic expansion reflects the group’s vision to diversify into high-growth, future-ready real estate categories, with a focus on flexibility and plug-and-play office solutions.
Key Highlights
| Attribute | Details |
|---|---|
| Company | Shivalik Group |
| New Vertical | Managed Office Space |
| Initial Investment | ₹10 crore |
| Pilot Project | Shivalik Harmony |
| Location | Near Panjrapole Junction, Ahmedabad |
| Offering | Plug-and-play, ready-to-use workspaces |
| Launch Date | Announced April 2025 |
Addressing Evolving Workplace Needs
The shift toward flexible workspace solutions is reshaping the office real estate market. Companies are increasingly opting for ready-to-use spaces to:
- Avoid capital expenditure on interiors and infrastructure
- Enable faster operational setup
- Access tech-enabled, service-driven environments
“We are witnessing a shift in how companies approach workspace planning. Organisations are looking to avoid capital expenditure on interiors and infrastructure,”
— Taral Shah, Managing Director, Shivalik Group
What is Managed Office Space?
Managed office spaces offer businesses:
- Fully furnished and equipped offices
- End-to-end facility management
- Flexible leasing options
- Access to meeting rooms, shared services, and amenities
This format is gaining popularity among:
- Startups
- SMEs
- Remote-first teams
- Multinationals expanding into Tier-2 cities
About Shivalik Harmony (Pilot Project)
The pilot for this new vertical will be based at Shivalik Harmony, a strategically located commercial development:
- Situated near Panjrapole Junction, one of Ahmedabad’s prime commercial zones
- Offers a modern plug-and-play workspace experience
- Designed to cater to dynamic, new-age workforces
FAQs
Q1. What is Shivalik Group’s new vertical about?
A: Shivalik Group is launching a managed office space division, offering ready-to-use, tech-enabled office setups.
Q2. What is the investment for this venture?
A: The group has committed ₹10 crore for the initial rollout.
Q3. Where is the pilot project located?
A: At Shivalik Harmony, near Panjrapole Junction, Ahmedabad.
Q4. Who is this offering ideal for?
A: Startups, SMEs, corporates, and remote-first companies looking for flexible and fully-serviced office spaces.
Q5. Why are managed offices gaining popularity?
A: Because they help companies save on interior CAPEX, offer flexible terms, and provide turnkey office solutions.