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Spaciya leases 1.5 lakh sq. ft. since lockdown


Beating the odds during COVID 19, Spaciya Advisors, a Noida-based real estate consultancy firm, achieved a milestone of leasing 1.5 lakh square feet of office spaces in NCR since relaxation in lockdown. 

Spaciya, said a press release, negotiated with several real estate developers across Noida to give hefty rental discounts to tenants. 

The transactions were done across various domains such as BPO, IT/ITES, travel and staffing. Business parks like OKAYA Centre, KLJ Noida One in Sector 62 and Eco Tower, Windsor, Assotech, ETT, Riana in Noida Expressway have extended such offers to the lients of Spaciya Advisors, added the release.

Ajit Panda, Founder & CEO of Spaciya Advisors, said, During COVID times, when businesses are being highly impacted, the opportunity of leasing the office spaces has increased. This has come as a result of the shrinking budgets of all corporates, start-ups and big establishments. We found an opportunity during these hard times and realised the market needs.”

While COVID, he said, has drastically impacted the way businesses operate, “companies who cannot resort to work from home are grabbing lease opportunities where the landlords realise the strain in the market and offer flexibility in terms for extended rent-free periods or upfront rental discounting. Spaciya has been able to help corporates locate such deals.”