Coworking space firm Awfis enters Hyderabad with new office in Banjara Hills

10 March 2017

Coworking space firm Awfis enters Hyderabad with new office in Banjara Hills

  • Economic Times

The new pro-working centre which houses 167 workstations, 1 meeting room and 2 meeting lounges is located at a prime business district in Banjara Hills.

India’s largest co-working space firm AWFIS Space Solutions has entered Hyderabad with their newest centre at Taj Deccan.

The new pro-working centre which houses 167 workstations, 1 meeting room and 2 meeting lounges is located at a prime business district in Banjara Hills. The new AWFIS centre provides premium cabins, fixed desks, meeting rooms to SMEs, startups, solopreneurs and corporates.

Sumit Lakhani, Marketing Head, AWFIS Space Solutions further added, “India is witnessing a revolution in start-up and entrepreneurial culture, triggering a rise in the mobile working population. Over the years there has been a steady rise in demand for affordableco-working spaces among an eclectic community comprising startups, freelancers, SMEs and large corporates looking for a single workstation or hundreds, for a day or for years. With the launch of the new Pro-working Centre at TAJ Deccan, AWFIS will set a new benchmark of converting underutilized spaces in premium properties for the benefit of the startup community looking for affordable yet premium addresses for setting up office.”

AWFIS@Banjara Hills will offer flexi work stations starting at Rs 350 per day, fixed seats at Rs 750 per day, private cabins starting at Rs 13000 per month and meeting rooms at Rs 600 per hour.

Amit Ramani, Founder & CEO, AWFIS said, “This is our latest addition to the expansion plan in the south and we are delighted to have partnered withleading hospitality brand TAJ GVK. The property will cater to the growing startups in the city as well as to the surging demand for flexible, just-in-time office spaces.”

Representing Taj GVK Hotels & Resorts Ltd, Mohan Chandran – Director Operations and GM – Taj Krishna said, “We are very excited at this partnership with AWFIS – more and more we note requests for such office spaces – flexible enough to accommodate one person or a small team, for a few weeks or a few months and AWFIS has a model that is cost-effective to the user!”

TAJ Deccan is situated in Hyderabad’s prime location, Banjara Hills, offeringa welcome respite for both leisure and business travellers alike. Spread over 6 acres of landscaped gardens, it is conveniently located 35-40 minutes away from the International Airport and 5 km from the railway station. With the best-in-class features and high-end services, TAJ Deccan is the essence of class and sophistication.

Awfis is currently the largest player in co-working spaces in South-Asia and the second largest player in India when compared specifically with business centres. Awfis has created proprietary Grade-A, highly energetic and inspirational community work spaces across Mumbai, Delhi, Bangalore, Hyderabad and Pune and operates 20 Pro-Working centres currently.

(This Awfis coverage appeared on ET Realty.com under the headline “Coworking space firm Awfis enters Hyderabad with new office in Banjara Hills” on March 10, 2017. You can read the full story here http://realty.economictimes.indiatimes.com/news/commercial/coworking-space-firm-https://www.awfis.com/inspiration/wp-content/uploads/2016/06/shutterstock_3835072871.jpg-enters-hyderabad-with-new-office-in-banjara-hills/57557526 )

Awfis leases 85,000 sq ft space in Noida, Real Estate News, ET RealEstate

10 May 2022

Awfis leases 85,000 sq ft space in Noida, Real Estate News, ET RealEstate

  • Posted by Awfis Editorial

Currently Awfis has 11 co-working centres in the Delhi-NCR region and the company plans to open 10-15 more centres in the market by the end of 2022.

Awfis, a flexible workspace provider, has leades 85,000 sq ft space in River Side Tower, sector- 125, Noida. The centre will have over 1500 seats and is expected to go live by end of March 2022, the company said in a media release.

Currently Awfis has 11 co-working centres in the Delhi-NCR region and the company plans to open 10-15 more centres in the market by the end of 2022.

Amit Ramani, CEO & Co-Founder of the company said, “We are delighted to partner with River Side Tower to open this new ’workspace in Noida.The sharp recovery and the growing demand for flex workspaces from this region inspired us to continue to create garde-A flex workspaces, so as to facilitate businesses of all size in the market. We are confident that this trend will continue to grow and even the most traditional companies will see merit in setting up hub and spoke offices to help people work in close proximity to their homes allowing them to spend lesser time in commuting.”

The company claims to have launched over 50 centres with 30,000 seats and entered three new markets in the past 15 months.

Awfis plans to open 200 centres across the country by the end of 2022. It currently has 121 centres with 70,000 seats across 14 cities.

This story appeared in the 9 February, 2022 issue of MSRealty and was originally published  at: Awfis leases 85,000 sq ft space in Noida – ET Realty

 

Awfis added 1,500 seats in Noida, leases 85,000 sq ft.

10 May 2022

Awfis added 1,500 seats in Noida, leases 85,000 sq ft.

  • Posted by Rashika Chandorkar

Home-grown flex workspace provider has added over 1,500 seats at a coworking centre in River Side Tower, sector 125, Noida. The new centre, which will go live by end of March 2022, is part of Awfis’ vision of opening 200 centres across the country by the end of 2022.

The centre is spread in 85,000 sq ft area. The flex space adopts a digital-first approach and is equipped with plush and modern amenities whilst maintaining social distancing norms, as mandated.

“We are delighted to partner with River Side Tower to open this new workspace in Noida, which is rapidly emerging as one of India’s leading business hubs for large-scale companies and startups alike,” said Amit Ramani, CEO & Founder.

“In fact, the sharp recovery and the growing demand for flex workspaces from this region inspired us to continue to create grade-A flex workspaces, so as to facilitate businesses of all sizes in the market. We are confident that this trend will continue to grow and even the most traditional companies will see merit in setting up hub & spoke offices to help people work in close proximity to their homes allowing them to spend lesser time in commuting,” he added.

Currently, Awfis has 11 coworking centres in the Delhi-NCR region and the company plans to open 10-15 more centres in the market the by end of 2022.

At the back of strong demand for flex workspaces, Awfis launched 50+ centres with 30,000 seats and entered 3 new markets in the past 15 months. The company currently has 121 centres with 70,000 seats across 14 cities and will continue to strengthen its foothold across India to establish a network of 200 centres in 2022.

Firms in co-working space expanding to tier 1 & 2 cities

10 May 2022

Firms in co-working space expanding to tier 1 & 2 cities

  • Posted by Awfis Editorial

Co-working operators are expandinginto tier-1 and tier-2 cities, driven by the adoption of the hub-and-spoke model by organisations, reverse migration of employees to their hometowns, affordable office rental costs, a growing startup ecosystem and the availability of talent, said industry executives. Large companies are now asking for multi-city space from co-working companies. “We have closed multi-city deals with our existing large enterprise clients in IT/ITeS, BFSI (banking, financial services and insurance), especially in markets like Pune, Noida, Hyderabad, and Bengaluru,” said Harsh Binani, Co-Founder, Smartworks.

In the past six months, demand for tech-enabled managed workspaces has grown threefold, according to industry experts. “With Covid-19 subsiding, we have been observing a substantial increase in the number of queries for our office as an outsourced service. Corporates are determined to lease and divest their office spaces to avoid unwanted longterm commitments and capital expenditures, “said Ankit Jain, Director, Skootr. The company plans rapid expansion in Bengaluru, Mumbai, Pune and Noida in 2022 to cater to the growing demand for offices.

Corporate occupiers are looking for portfolio re-optimisation and focusing on the concept of managed office spaces. “We have sold 6x more seats in the last three months than what we used to sell pre-Covid, with a huge chunk under our demand-led supply model for mid-to-large-sized corporates across tier-1 and 2 cities. We are working towards further expanding our base pan-India with 200 centres by the end of 2022,” said Amit Ramani, Founder & CEO, Awfis.

Half of a large co-working operator’s demand now comes from large occupiers who want satellite offices under the hub-and-spoke model. “For all practical reasons, co-working spaces are the most preferred option for companies to satisfy this demand,” said Nikhil Madan, co-founder, The Office Pass.

According to international property consultant Savills India, about 23% of the leasing in the first two months was for flex and serviced offices. “The first two months of the year have been where we are seeing a shift toward flexible and serviced office solutions. Also, tech demand is likely to pick up with a very strong return to office sentiment,” said Shweta Sawhney, Managing Director, Delhi-NCR, Savills India.

This story appeared in the 23 March, 2022 issue of BrickAcres and was originally published  at : Firms in co-working space expanding to tier 1 & 2 cities- The Economic Times