A major Flexible office space provider is in talks to lease over 400,000 sq ft across three buildings in Delhi and Gurgaon as part of an aggressive expansion plan in Delhi-NCR.
The company is taking space at Prestige Trade Tower and Bharti Worldmark 6 at Delhi’s Aerocity, besides at DLF’s Cyber City in Gurgaon.
Aerocity is seeing a lot of interest from global corporates and flexible workspace providers are taking space in advance to cater to the demand. In general, NCR office leasing has picked up and is seeing traction from occupiers. Some large office buildings are set for delivery in the next 12 months, which has increased the momentum.
Prestige Trade Tower near the Delhi airport is Prestige Group’s first commercial project in the city. It will develop a 2 million sq ft project with 932 hotel rooms, 645,000 sq ft of office space and a 200,000 sq ft convention centre.
Bharti Realty has already started the development of approximately 6.5 million sq ft. About 3 million sq ft of it will be retail, including one of the biggest malls in the region.
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