Dev Accelerator Limited (DevX), a flexible workspace solutions provider, has signed a pact with Manubhai and Shah LLP. The agreement marks one of the largest enterprise-led flexible workspace transactions in a Tier-II city.

The contract, valid for a period of 9 years, spans approximately 1,00,000 sq. ft.

DevX Accelerator said that the contract establishes strong long-term revenue visibility for the company and reinforces the growing institutional adoption of managed office solutions among large enterprises.

Umesh Uttamchandani, MD, Dev Accelerator, said that the deal represents the future of commercial real estate. A commitment of this size and tenure reflects increasing enterprise confidence in managed workspace platforms as long-term infrastructure partners.

"Our focus remains on building institutional-grade workspaces that combine flexibility with operational reliability, enabling enterprises to scale efficiently,” Umesh said.

Manubhai and Shah LLP will relocate its Ahmedabad headquarters to DevX Accelerator's campus at Capital One. It will have a total capacity of 2,000 seats, including over 1,000 seats committed in Phase 1.

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