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Awfis Expands Mumbai Footprint with New Centre in Powai

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Awfis Expands Mumbai Footprint with New Centre in Powai

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Awfis Space Solutions Limited ( (IN:AWFIS) ) has shared an announcement.

Awfis Space Solutions Limited has expanded its presence in Mumbai by launching a new centre in Supreme Business Park, Hiranandani Gardens, Powai. This new facility, spanning approximately 50,000 sq ft, enhances Awfis’ portfolio to 35 centres in Mumbai, offering over 1.04 million sq ft of workspace. The centre is already occupied by Howden Insurance Brokers India Pvt. Ltd., which has signed a 60-month lease for 36,000 sq ft, showcasing Awfis’ ability to attract long-term clients. The expansion reflects Awfis’ commitment to catering to the growing demand for high-quality office spaces in Mumbai, driven by the city’s status as a financial hub and the influx of global capability centres. Awfis continues to reinforce its leadership in the coworking and managed office market, focusing on tech-enabled and ESG-compliant solutions to meet the evolving needs of enterprises, startups, and professionals.

More about Awfis Space Solutions Limited

Awfis Space Solutions Limited is India’s largest and first publicly listed workspace solutions company. It operates in the coworking and managed office space industry, offering innovative workspace formats, managed offices, and custom-built solutions. The company serves a diverse clientele across sectors and demographics, focusing on providing flexible and scalable office solutions in prime business districts.

Average Trading Volume: 32,651

Technical Sentiment Signal: Sell

Current Market Cap: 42.2B INR

For an in-depth examination of AWFIS stock, go to TipRanks’ Overview page.

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