Incuspaze has leased 100,000 square feet at HQ27 in Gurugram, providing over 1,500 premium workspaces in a Grade A facility. The office is equipped with modern amenities, offers strategic connectivity, and features a design focused on sustainability. This expansion enhances Incuspaze’s presence across India, responding to the growing demand for flexible office spaces.
Incuspaze, one of India’s leading flexible workspace providers, has leased 1,00,000 sq ft at HQ27, a Grade A commercial property in Gurugram. This sprawling facility, spread across three floors, will accommodate over 1,500 seats and boasts state-of-the-art amenities, making it a highly sought-after destination for businesses in India’s second-largest tech hub.
HQ27 offers functionality and aesthetic appeal with amenities like training rooms, meeting spaces, breakout zones, networking areas, and a premium F&B café. Designed to foster creativity and productivity, the space includes ample parking, a spacious cafeteria, and biophilic elements that promote sustainability. “Gurugram’s strategic location, proximity to Delhi, and excellent connectivity make it a key driver of India’s commercial real estate boom,” said Sanjay Chatrath, Co-founder & Managing Director of Incuspaze.
The transaction, mediated by JLL India, highlights the growing demand for Grade A office spaces in Gurugram, which continues to attract occupiers and investors alike. In Q3 2024, Delhi NCR recorded 4.59 million sq ft of gross leasing, a 23.5% increase from the previous quarter. Manish Aggarwal, Senior Managing Director of North & East India at JLL, noted, “We believe this strategic location will further enhance Incuspaze’s offering, providing a dynamic and inspiring environment for businesses to thrive.”
Located just 700 meters from IFFCO Chowk Metro Station and 13 km from Indira Gandhi International Airport, HQ27 ensures seamless connectivity. The building benchmarks urban commercial real estate with its cutting-edge design and robust infrastructure, including a 1.0 ton per sq meter floor loading capacity.
This expansion aligns with Incuspaze’s broader growth strategy, adding 2.01 million sq ft of office space in cities like Noida, Mumbai, Jaipur, Pune, Chennai, Ahmedabad, and Bengaluru this year. The company’s PAN-India presence underscores its commitment to addressing the rising demand for premium flexible workspace solutions.
As India’s office market reaches a historic high of 53.43 million sq ft in gross leasing from January to September 2024, Incuspaze’s strategic growth in key locations like Gurugram cements its leadership in the coworking and flexible office space sector.
