EFC leases 60,000 sq ft in Hyd and 32,000 sq ft office space in Mumbai

30 Nov 2021 CW Team

Pune-based flexible workspace provider Entrepreneur Facilitation Centre (EFC) has rented 28,000 sq ft office space in Hi-Tech city, and 32,000 sq ft space in Begumpet, Hyderabad.

The firm has additionally rented 38,000 sq ft space in Bandra Kurla Complex (BKC), Mumbai. The average rent in Hyderabad spaces will be Rs 5,500 per seat per month, while in BKC, it will be Rs 14,000 per seat per month.

While last year, demand was restrained due to the pandemic, Umesh Sahhaaii, CEO of EFC told the media that the interest from MSMEs and corporate is returning. EFC claims to have managed to keep all its centres despite the pandemic and that the occupancy at all its centres is now back to 75-80%.

Post pandemic, there is an enhanced demand for managed offices or enterprise solutions because this decreases firms operating prices. Additionally, many now are using hybrid models, and thus such flexible spaces make more sense.

As for the pandemic, Sahhaaii said that it did influence their revenue as landlords declined to decrease rent while they had to render discounts to their tenants to retain them. Operators were the most influenced since they acted as a cushion for the tenants. Overall, the average rents have additionally dropped with demand coming up, they are hopeful for an increase in rent as well in the following months. EFC is intending to open 20 more centres across India in the coming year.

Image Source

Infrastructure Urban

29 Oct 2025

Designing Tomorrow: Amaravati’s Net Zero Landmark

Amaravati has achieved a defining landmark in India’s sustainable infrastructure journey with the inauguration of the APCRDA Project Office, the nation’s first government building to earn the IGBC Net Zero Energy Rating – Design Stage. Conceptualised by the Andhra Pradesh Capital Region Development Authority (APCRDA) and certified by the Indian Green Building Council (IGBC), the project exemplifies how governance, design and innovation can converge to deliver measurable environmental impact.A vision rooted in sustainabilitySet within a 4.3-acre site along the Seed Access Road in the Amar..

Pidilite Elevates Construction with PPS

Pidilite Industries introduced Pidilite Professional Solutions (PPS) — a dedicated vertical for the construction and interiors ecosystem — at ACETECH Bengaluru 2025. Designed to empower architects, developers, contractors, and interior specialists, PPS delivers comprehensive support that extends far beyond products to ensure project excellence from concept to completion. Kavinder Singh, Joint Managing Director, Pidilite Industries, noted, “At Pidilite, we believe in enabling the construction fraternity to build boldly and sustainably. With Pidilite Professional Solutions (PPS),..

Punjab, Centre Fast-Track Rajpura-Mohali Rail Line Development

The central government has fast-tracked the construction of the Rajpura-Mohali rail line to enhance connectivity in Punjab. This ambitious infrastructure project, aimed at improving transportation links between Rajpura and Mohali, has been identified as a key step in fostering regional economic growth. Union Minister for Railways, Ashwini Vaishnaw, announced the project’s acceleration during a recent assessment of the area. The rail line is expected to play a significant role in reducing travel time, promoting industrial growth, and boosting logistics efficiency in the region. The project,..