The company today has centres in places such as HITEC City, Kondapur, Financial District, Gachibowli, Begumpet, Ameerpet and Banjara Hills.

Amit Ramani, founder & CEO, Awfis told Telangana Today in an exclusive interview, “Hyderabad is a critical market for Awfis’ growth and substantial investments have gone into this direction. We plan to double our centres from the current 12. We expect an overall investment of about $7 million (over Rs 50 crore) towards new centres in the city.”

The company has just reached its 100-centre milestone nationally, by opening a new centre in Bengaluru. Further to this expansion, Awfis is now spread across 4 million sq ft pan-India with over 62,000 seats across 14 cities, making it the largest flex workspace provider in India.

“We are optimistic about the growth of the flex workspace industry this year and in line with that our aim is to double our capacity further in 2022 by launching our next 100 centres and entering new markets to establish a strong presence across 18 cities in India,” he added.

Each of the existing 100 centres have been set up to suit the requirements of large-scale enterprises, amidst the new normal. Awfis’ fully tech-enabled workspace solutions platform covers the entire spectrum of workspace needs, right from work-from-home to work-near-home and hybrid work requirements.

Awfis expanded its base from 5,800 desks across 20 centres in July 2017 to over 62,000 desks across 100 centres in 14 cities. In the past 15 months alone, the company has launched over 50 centres, with 30,000 seats amidst the growing demand for flex workspaces.

Ramani added, “Over the course of the pandemic, Awfis has grown from being a coworking player to an integrated end-to-end workspace solutions provider that is changing the way India works.”

This story appeared in the 20  January, 2022 issue of Telangana Today and was originally published  at : Awfis to double footprint in Hyderabad (telanganatoday.com)

Hyderabad: Co-working space company, Awfis Space Solutions, which operates eight centres in Hyderabad with a capacity of 5,000 seats, is planning for an expansion in the next six months.

Sharing the growth plans for Hyderabad market, Amit Ramani, founder & CEO, Awfis Space Solutions, told Telangana Today, “We have roughly 5,000 live seats and plan to double it to 10,000 seats in the next six months. Hyderabad is a key market for us and it will be among the top three cities for us as a co-working player, including Bengaluru and Pune.”

“Hyderabad is on our high priority list and we are keen to double the capacity here from eight centres to close to 16 centres by June-July 2020. We are currently in HITEC City and Gachibowli and plan to expand into Banjara Hills, Jubilee Hills, Begumpet, Ameerpet and Secunderabad. From a geographic point of view, we want to provide complete coverage across commercial micro-markets of Hyderabad. At present, the concentration is on the western market, but we are soon going to spread into other locations,” Ramani added.

Pan-India expansion

“Nationally, we have 35,000 seats that are live across 10 cities (including Hyderabad). We have recently entered into Chennai. There are around 15,000 seats that are underway, which will be ready by June. We are going to enter into Kochi, Indore and Ahmedabad. The goal is to be in 12-13 cities and have over 50,000 live seats by the middle of the year. We currently have 70 centres pan-India, and will be adding another 30 to take the total to 100 by then.”

Talking of the co-working demand in India, he said, small and medium businesses and enterprises dominate the co-working space occupancy at about 90 per cent. These users are going to dominate the segment and drive demand. Enterprises today look at converting capital investment into operational investment, flexibility with shorter lock-in period, better infrastructure and well-designed workspaces.

Also, Awfis is able to provide service quality and delivery experience that these companies are looking for, by providing the expected engagement and convenience. The company is increasingly bringing in customisation through its offerings.

Tech adoption

“We continue to focus on using technology and improving customer experience. Our workspace management helps companies with seamless access and digital management systems. There is a big role that technology will play in work space management in future, in the form of energy management tools and using grid power to keep the operational costs low. Data analytics will help in giving better learning and understanding about customers on what will work and what will not,” Ramani explained.

People are also looking at mobility as a big solution. Awfis is creating 100 centres soon pan-India, which will improve the operational convenience to customers for their nationwide operations. The company is looking to provide different formats for users providing varied price points, from Rs 10,000 to Rs 25,000 per seat, depending on the building, where co-working spaces are being created.

This article was originally published 5th February 2020, on at: Awfis to double operations in Hyderabad (telanganatoday.com)

Co-working spaces are coming up in luxury hotels, thus changing the way office feels and looks

If you thought co-working spaces was all about having a few workstations with a coffee machine and free Wi-Fi, then the new-age facilities will make you think again. Co-working spaces are changing the way they function and are finding good companionship in five-star hotels and malls. Whether it is Awfis which has set up a centre in Taj Deccan in Banjara Hills or The Park, Somajiguda having multiple office spaces set up in their hotel, Hyderabad’s co-working space is moving with the changing trends.

“Co-working spaces in five-star hotels and malls provide an ecosystem to just the provider but also to the user. It has benefits like 24/7 operational facility, ample parking, entertainment, food and shopping areas. Along with this a five-star hotel also has the added advantage for business travelers in terms of stay. In addition, for service providers like ours, these spaces prove to be more efficient in the sense we don’t have to worry about security and maintenance,” says Monika Misra, co-founder, iKeva – a Hyderabad-based co-working infrastructure provider.

The company has one of its Mumbai co-working spaces set up in a mall which provides them with benefits like parking and other amenities. These kind of co-working spaces also prove beneficial for hotel and mall owners as they lead to revenue generation and also help in utilising space better. For the co-working space provider as well, the burden of maintaining the space is shifted and they can concentrate more on providing better amenities inside the space. Most of these spaces have also built-in conference rooms and meeting rooms along with access to food, entertainment and other amenities.

Hotels and Restaurants Association of Telangana, secretary general, Pradeep Kumar Dutt said, “This is a very positive trend as it helps not only the co-working space provider but also the hotels to increase their occupancy rate. So in that sense it is a dual benefit for both service providers – in this case co-working infrastructure providers – and space providers – which are hotels. With many five-star hotels not having business round-the-clock, this kind of provision helps them in having regular business.”

Visit the below link to read the published article: https://telanganatoday.com/five-star-hotels-new-work-stations