The asset, spread across 19 floors
has already achieved 95% occupancy even before its official launch
Ahmedabad (Gujarat), 26th November 2025 : Dev Accelerator Limited (NSE: DEVX; BSE: 544513),
one of India’s leading enterprise-focused managed office space provider, today
announced the launch of Capital One in Ahmedabad, a 3.15 lakh sqft managed
office campus, that marks a defining moment in India’s commercial real estate
landscape. As the country’s single largest managed office space campus in a
Tier II city, Capital One demonstrates the accelerated shift of GCCs and
high-growth enterprises towards emerging business destinations like Ahmedabad.
Despite the scale of the development, Capital
One has already achieved 95% occupancy with technology, accounting and media
firms leading the pack. This robust pre-launch traction highlights the
rising demand for high-quality, flexible workplace solutions in Tier II cities
and underscores the growing confidence of global and domestic companies in
Ahmedabad’s talent base, infrastructure, and cost advantages.
Speaking on the launch, Mr. Umesh
Uttamchandani, Managing Director, Dev Accelerator Limited, said,
“Capital One strengthens DevX’s position at the forefront of workplace
transformation across India’s emerging cities. With modern design principles,
advanced technology integration, and a focus on experience-led environments,
this campus represents the next wave of workspaces that enterprises
increasingly seek beyond Tier I hubs. With this launch, we are paving the way
for the next chapter of commercial real estate in Tier II India, offering
companies a scalable, future-ready, and high-value workplace ecosystem, with a
significant cost advantage.”
Designed as a holistic workplace ecosystem, the 3.15
lakh sq. ft. campus integrates a thoughtfully curated range of amenities aimed
at enhancing convenience, wellbeing and day-to-day productivity for its
tenants. DevX has incorporated multiple lifestyle and wellness-led elements,
including a fully managed cafeteria, coffee lounge, breakout zones, an on-site
creche, game zone, gymnasium and dedicated yoga area, to create an environment
that supports both work and rejuvenation. The campus further offers shared
conference and meeting facilities, an event space, prayer and medical rooms, as
well as added conveniences like an in-house salon and car wash area, ensuring a
seamless and experience-driven workspace for all occupants.
As India’s business geography becomes more
distributed, enterprises are prioritizing integrated, experience-led work
environments that support productivity and help attract and retain talent.
Capital One has been crafted for this demand, combining scale with the
advantages of a fully managed workspace model that reduces operational burdens
for occupiers.
About Dev Accelerator Limited
Dev Accelerator Limited is an enterprise focused, full-solution
managed workspace platform. We design, build and operate custom
offices end to end covering site selection, bespoke fit-outs, technology
integration and facility management under a single SLA. With one of
India’s largest Tier-2 footprints by operational flex stock, DevX serves
enterprises, startups and global corporations with collaborative, customizable
work environments across the country. Company operates 28 centres across 12
Indian cities with ~13,604 seats and ~8.6 lakh sq. ft. under management,
complemented by design-and-build and allied services that ensure fast handovers
and consistent standards.
For more information,
please visit www.devx.work
