EFC Acquires 49,556 sq ft Space in Pune for Rs.80 Crore

29 Aug 2024 CW Team

EFC (Entrepreneur Facilitation Center) has acquired 49,556 square feet of commercial space in Pune for Rs.80 crore. The purchase is part of the company's plan to expand its coworking and flexible office space offerings. Located in the rapidly growing business hubs of Pune, the new property will cater to startups, SMEs, and large corporates seeking high-quality workspaces.

EFC aims to leverage the demand for flexible office spaces, which has surged post-pandemic, as businesses shift toward hybrid working models. The Pune property acquisition is a strategic move to strengthen the company's presence in one of India's leading IT and business cities.

The acquired space is set to offer state-of-the-art infrastructure, modern amenities, and collaborative environments designed to meet the evolving needs of companies. EFC's focus on premium office spaces is expected to attract companies looking for scalable and cost-efficient workspaces.

The commercial real estate market in Pune has witnessed robust demand for flexible office solutions, driven by the city's expanding tech and business ecosystem. EFC's acquisition reflects the growing interest in coworking spaces, positioning the company for further growth in India's dynamic office space market.

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