EFC India opens managed office workspace facility in Noida
Real Estate

EFC India opens managed office workspace facility in Noida

EFC (India), headquartered in Pune, has made its debut in the Delhi-NCR region with a newly established managed office space spanning 65,000 square feet, situated at Graphix 2 in Sector 62, Noida. This state-of-the-art facility includes a First Right of Refusal (FRR) option for an additional 65,000 square feet of space. Notably, EFC's new location will accommodate esteemed brands, including Tata Capital and Virtuous Transactional Analyst, among others. EFC has also secured a 25,000 square feet office within the facility to house its regional operations teams.

Umeash Sahhaaii, the founder & CEO of EFC (India), expressed, "Given our integrated proposition comprising office infrastructure and design, we continue to aim at expanding our footprints to similar high-growth destinations." On a consolidated basis, the company reported a total revenue of Rs. 57.04 crore and a net profit of Rs. 3.17 crore for the first quarter of the fiscal year 2024. Notably, rental income constituted approximately 95% of its consolidated revenues, with fit-out contracts accounting for the remaining 5%.

EFC (India), headquartered in Pune, has made its debut in the Delhi-NCR region with a newly established managed office space spanning 65,000 square feet, situated at Graphix 2 in Sector 62, Noida. This state-of-the-art facility includes a First Right of Refusal (FRR) option for an additional 65,000 square feet of space. Notably, EFC's new location will accommodate esteemed brands, including Tata Capital and Virtuous Transactional Analyst, among others. EFC has also secured a 25,000 square feet office within the facility to house its regional operations teams.Umeash Sahhaaii, the founder & CEO of EFC (India), expressed, Given our integrated proposition comprising office infrastructure and design, we continue to aim at expanding our footprints to similar high-growth destinations. On a consolidated basis, the company reported a total revenue of Rs. 57.04 crore and a net profit of Rs. 3.17 crore for the first quarter of the fiscal year 2024. Notably, rental income constituted approximately 95% of its consolidated revenues, with fit-out contracts accounting for the remaining 5%.

Next Story
Products

TOTO India Launches Premium G & L Showers with Sleek Faucet Range

TOTO India has launched its G Shower and L Shower series, alongside an expanded range of GT, LH, and Pull-Out lavatory faucets. The collection blends advanced technology, refined aesthetics, and everyday comfort, staying true to TOTO’s philosophy of creating spaces that are both beautiful and functional. The G Shower series delivers the 3Rs of showering: Relaxing, Refreshing, and Revitalizing. Features include the Calming Shawl spray mode, Warm Spa technology, and multiple overhead and hand-shower options across eight finishes. The L Shower complements this with easy-to-use controls sui..

Next Story
Infrastructure Energy

Hero Future Energies Secures Funding for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19.08 billion in funding from the State Bank of India (lead) and Canara Bank. The funds will be used to develop and construct HFE’s 120 MW renewable energy hybrid project at Kurnool, Andhra Pradesh. The project, contracted with SJVN, integrates wind, solar, and storage technologies to deliver reliable peak power. With a 21-year repayment period, the funding ensures timely execution and the commencement of commercial operations. The financial closure demonstrates continued lender confidence in..

Next Story
Infrastructure Energy

IOC GPS Renewables Raises Rs 8.36 billion Debt for Compressed Biogas Plants

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation  and GPS Renewables, has raised Rs 8.36 billion (approx. US$ 95 million) in debt financing from Indian Bank to execute nine Compressed Biogas (CBG) projects across India.   The funding is the largest single-bank debt raise in the CBG sector and the first fully non-recourse financing in India for these projects. The plants—four in Haryana, three in Uttar Pradesh, one each in Chhattisgarh and Andhra Pradesh—will each produce 15 tonnes of CBG per day using paddy straw as feedstock. All nin..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?