Connect with us


Avanta India takes 20K sq ft office space on lease in Delhi to open co-working centre


New Delhi: UK-based high-quality flexible office space provider, Avanta India has announced to open up a new business centre in Kasturba Gandhi Marg near Connaught Place, Delhi. The company is planning to invest Rs. 10 Cr for its new business centre / Co-working space that would be spread across over 20,000 sq. ft area enjoys the premium location and will have plush interiors. The business centre would comprise wi-fi enabled serviced offices, meeting rooms, co-working, virtual office spaces to meet the growing demand for offices spaces in Central Delhi.

Avanta India, while sharing its expansion plans mentioned that the new facility would be developed over three floors. Similar to other business centres of Avanta, this centre will provide non-branded office spaces having 280 workstations, 5 meeting rooms, a large business lounge for informal meetings along with a terrace. The centre is based on 100 per cent lease model and it would provide viable options for the start-ups and established companies.

Speaking on the expansion, Nakul Mathur, MD, Avanta India says, “For over a decade, we have been providing top-class flexible office spaces and services in India that are best for business and available for both national & international clients. We understand that operating out-of-business centres is convenient and cost effective than just renting an office space, thus we make sure that our clients get every opportunity to thrive.”

The business centre will be equipped with state-of-the-art infrastructure and facilities for offices of any size. The serviced offices will feature VOIP telephony services, high-speed internet connectivity, and advanced office equipment, such as scanner, printer, fax, and office supplies coupled with Avanta’s industry leading customer services.

He further adds, “In FY 2017-18, 99,600 sq. ft. out of our total space was occupied and in FY 2018-19 the area occupied has reached 1,16,400 sq. ft. which is approx. 96 per cent of the total area of the portfolio. Hence, after looking at the high demand of flexible office spaces and excellent customer feedback we have now decided to expand our foot print in Connaught place with a new centre expected to be operational in June 2019, offering ready to use office spaces to meet the current growth trajectory.”

In September 2008, Avanta started operations from Statesman House in Connaught Place as its first business centre in New Delhi. At present, the company owns four business centres in New Delhi and one in Gurugram with a total area of 1,20,000 sq. ft.


Latest News

News4 hours ago

The real estate sector reacted cautiously to the Union Budget 2023. Here are the excerpts from a cross section of industry stalwarts

Harsh Vardhan Patodia, President, CREDAI National “Through the Union budget 23 – 24, the Government continues to focus on the empowerment...

News4 hours ago

Affordable housing gets push in Budget 

New Delhi, Feb 1, 2023:  Union finance minister Nirmala Sitharaman on Wednesday announced an outlay of ₹79,000 crore, an increase of...

Events14 hours ago

Art competition at Spectrum Metro 

Noida: Spectrum Metro, in collaboration with Motherhood Women’s and Children’s Hospital, organised a drawing and painting competition on January 26,...

News14 hours ago

Housing prices start moving up post Covid, buoyant real estate along with construction activities create jobs, says Economic Survey

New Delhi: The Economic Survey tabled in the Parliament on Tuesday, said that housing prices have started firming up after...

News1 day ago

Andhra Pradesh Kicks-Off Global Investors’ Summit 2023 with Diplomatic Meet: Over 40 Nations Participate, Among Business Delegations & Captains of the Industry

New Delhi, January 31, 2023: The Curtain Raiser to the Andhra Pradesh Global Investors’ Summit 2023, started on Tuesday with...

News1 day ago

Pacific D21 Mall, Dwarka, hosts Tekken India’s Delhi Iron Fist Tournament 2023

New Delhi: Pacific D21 Mall, Dwarka, hosted gaming tournament, Tekken India’s Delhi IronFist 2, on January 28-29, 2023. The event...