Incuspaze Secures 1 Lakh Sq Ft Office Space in Gurugram to Boost Business
Co-working firm Incuspaze has leased 1 lakh square feet of office space in Gurugram from Bharti Real Estate, signaling its intent to expand amid growing demand in the commercial real estate sector.
IncuspazeCoworking SpaceGurugramBharti Real EstateFlexible WorkspacesReal Estate NewsDec 15, 2024
The new space, leased from Bharti Real Estate, is poised to significantly enhance Incuspaze's capacity and support the growing demand for flexible work environments in the region.
Incuspaze has been rapidly expanding its footprint across major cities in India, and this latest move in Gurugram is a strategic step to cater to the increasing number of startups, SMEs, and large enterprises seeking modern, flexible workspaces.
Gurugram, known for its vibrant business ecosystem, offers a prime location for companies looking to establish a presence in the National Capital Region (NCR).
“This expansion in Gurugram is a testament to our commitment to providing high-quality co-working spaces that meet the evolving needs of businesses,” said Ajay Sharma, CEO of Incuspaze.
“We are excited to partner with Bharti Real Estate and look forward to contributing to the dynamic business environment in Gurugram.”
Bharti Real Estate, one of the leading real estate developers in India, has a strong portfolio of commercial properties in prime locations.
The partnership with Incuspaze is expected to further enhance the value of their properties and attract a diverse range of tenants.
“We are delighted to welcome Incuspaze as a tenant in our Gurugram property,” said Bharti Real Estate’s Managing Director, Rajiv Kapoor.
“Their focus on innovation and flexibility aligns well with our vision of creating exceptional spaces that support business growth.”
The new office space will be equipped with state-of-the-art facilities, including high-speed internet, meeting rooms, relaxation areas, and dedicated workstations.
Incuspaze is also planning to offer a range of services such as event management, virtual office solutions, and business support services to its members.
The co-working industry in India has seen significant growth in recent years, driven by the rise of remote and hybrid work models.
According to a report by Colliers, the co-working market in India is expected to grow at a compound annual growth rate (CAGR) of 30% over the next five years.
This growth is fueled by the increasing adoption of flexible workspaces by small and medium-sized enterprises (SMEs), startups, and even large corporates.
Incuspaze’s expansion in Gurugram is not just a response to the current market demand but also a strategic move to position itself as a leading player in the co-working space industry.
With a robust portfolio of locations and a focus on providing exceptional services, Incuspaze is well-positioned to capitalize on the growing trend of flexible workspaces.
About Incuspaze
Incuspaze is a leading co-working space provider in India, offering flexible and modern work environments to businesses of all sizes.
With a network of locations across major cities, Incuspaze aims to create a vibrant ecosystem that fosters innovation, collaboration, and growth.
About Bharti Real Estate
Bharti Real Estate is a prominent real estate developer in India, known for developing high-quality commercial and residential properties.
With a strong presence in key markets, Bharti Real Estate focuses on creating sustainable and value-driven projects that meet the evolving needs of businesses and communities.
Frequently Asked Questions
What is Incuspaze?
Incuspaze is a leading co-working space provider in India, offering flexible and modern work environments to businesses of all sizes. They have a network of locations across major cities and aim to foster innovation, collaboration, and growth.
How much office space has Incuspaze leased in Gurugram?
Incuspaze has leased 1 lakh square feet of office space in Gurugram from Bharti Real Estate.
Why did Incuspaze choose Gurugram for expansion?
Gurugram is known for its vibrant business ecosystem and is a prime location in the National Capital Region (NCR). Incuspaze chose Gurugram to cater to the growing demand for flexible workspaces from startups, SMEs, and large enterprises.
What services will Incuspaze offer in the new Gurugram space?
The new office space will be equipped with state-of-the-art facilities, including high-speed internet, meeting rooms, relaxation areas, and dedicated workstations. Incuspaze will also offer services such as event management, virtual office solutions, and business support services.
What is the growth outlook for the co-working market in India?
The co-working market in India is expected to grow at a compound annual growth rate (CAGR) of 30% over the next five years, driven by the increasing adoption of flexible workspaces by SMEs, startups, and large corporates.
Related News Articles
2 BHK Flats in Mumbai: Ideal Homes for Young Couples
2 BHK flats in Mumbai have become a preferred choice for young couples due to their affordability, practicality, and proximity to urban amenities. This article explores why these properties are an excellent investment opportunity.
MahaRERA Suspends 1,950 Real Estate Projects for Non-Compliance
To safeguard homebuyers' interests, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has suspended the registration of 1,950 real estate projects for non-compliance with regulations.
Union Budget 2024: Boosting Real Estate Growth through Urbanisation and Infrastructure Development
Real estate industry leaders applaud Budget 2024's focus on urbanisation, infrastructure development, and women's empowerment, expecting growth in the sector.
Godrej Properties Aims to Build ₹9,650 Crore Worth of Housing Projects
Godrej Properties plans to invest ₹9,650 crore in new housing projects, driven by robust market demand and a strategic expansion plan.
Gargi by PNGS Expands with New Stores in Pune and Delhi
Pune, 6/1/24: Gargi by P N Gadgil & Sons (PNGS), a renowned name in the fashion jewellery industry, has announced the opening of two new franchise stores in Pimple Saudagar, Pune, and Kapil Vihar, Pitampura, Delhi. These new additions highlight the brand’
Godrej Properties Sets New Benchmark with Rs 10 Billion in Luxury Home Sales in Gurugram
Godrej Properties, a leading player in India's real estate market, has achieved a remarkable milestone by selling luxury homes worth Rs 10 billion in Gurugram, highlighting the ongoing demand for premium residential properties.