Awfis Space Solutions will design, build, and manage 1.65 lakh sq ft of office space for NSE in Mumbai’s Adani Inspire building, expanding its footprint in BKC. The deal reflects Awfis’ leadership in the flex space sector, which is driven by rising demand and strong financial growth, including a 40.5% revenue surge.
Awfis Space Solutions (Awfis) has partnered with the National Stock Exchange (NSE) to design, build, and manage approximately 1.65 lakh square feet of office space in Mumbai’s Bandra-Kurla Complex (BKC). This collaboration underscores Awfis’ growing leadership in the flexible workspace sector and its ability to cater to high-profile clients.
Expanding in Mumbai’s Business Hub
The Adani Inspire commercial building project in BKC spans two floors and is designed to provide a modern and seamless customer experience for NSE. The 10-storey building, connected to the Aqua Line of the Underground Metro and Bandra suburban station, is a prime business hub. Awfis already operates a coworking centre in the same building and will expand its footprint with this new agreement.
A Key Milestone for Awfis
“This collaboration reaffirms our leadership in the flex space sector and strengthens our commitment to meeting the unique needs of clients from diverse industries,” said Amit Ramani, Chairman and Managing Director of Awfis. He also highlighted the significance of NSE becoming a client, noting Awfis’ recent milestone as the first flexible workspace provider to list on the NSE.
Rising Demand for Flex Spaces
The deal, facilitated by Rounak Real Estate Consultants, reflects India’s increasing demand for flexible office spaces. Awfis is capitalising on this trend, supported by strong financial performance in the second quarter of FY 2024-25. The company posted a net profit of ₹38.6 crore, recovering from a ₹4.3 crore loss in the same period last year, with revenue soaring by 40.5% to ₹292.3 crore.
Strengthening Leadership in Flex Workspaces
Awfis’ ability to secure such a significant deal with NSE demonstrates its adaptability and expertise in catering to large enterprises. The company has expanded its footprint across India, meeting the growing demand for modern, flexible, and efficient workspaces.
With its continued focus on client satisfaction and innovation, Awfis is well-positioned to lead the flexible workspace market, leveraging projects like this to solidify its role as a trusted partner for businesses of all sizes.
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