IREP Launches Managed Office Platform in NCR
ECONOMY & POLICY

IREP Launches Managed Office Platform in NCR

International Real Estate Partners (IREP) has partnered with India Accelerator to launch a managed office workspace platform, IREPworkspaces, with plans to invest around Rs 1 billion over the next 18 months. The initiative aims to develop nearly 0.9 million square feet of managed office space across major commercial hubs in the National Capital Region (NCR), reflecting growing demand for flexible and scalable workspace solutions.

In the first phase, the platform plans to establish 12 to 15 managed workspace centres across NCR, offering approximately 15,000 seats. Expansion will focus on key micro-markets such as Golf Course Extension Road, Udyog Vihar and the Noida Expressway, which have emerged as prominent business and technology corridors.

IREP has already secured around 0.15 million square feet of office space in NCR and plans to add a further 0.7 to 0.8 million square feet in the coming quarters. Under the partnership, IREP will leverage its expertise in integrated real estate operations and facilities management across global markets, while India Accelerator will provide market access through its ecosystem of startups, mid-sized companies and enterprises.

The collaboration is expected to strengthen NCR’s managed workspace ecosystem by combining real estate capabilities with entrepreneurial networks, enabling businesses to access high-quality, flexible office infrastructure. The initiative also aligns with broader trends in hybrid working and the increasing preference for managed office solutions among growing enterprises.

With rising corporate demand for agile work environments, IREPworkspaces is positioned to play a significant role in shaping the future of managed office spaces in NCR, offering scalable infrastructure and operational efficiency to a diverse range of organisations.

International Real Estate Partners (IREP) has partnered with India Accelerator to launch a managed office workspace platform, IREPworkspaces, with plans to invest around Rs 1 billion over the next 18 months. The initiative aims to develop nearly 0.9 million square feet of managed office space across major commercial hubs in the National Capital Region (NCR), reflecting growing demand for flexible and scalable workspace solutions. In the first phase, the platform plans to establish 12 to 15 managed workspace centres across NCR, offering approximately 15,000 seats. Expansion will focus on key micro-markets such as Golf Course Extension Road, Udyog Vihar and the Noida Expressway, which have emerged as prominent business and technology corridors. IREP has already secured around 0.15 million square feet of office space in NCR and plans to add a further 0.7 to 0.8 million square feet in the coming quarters. Under the partnership, IREP will leverage its expertise in integrated real estate operations and facilities management across global markets, while India Accelerator will provide market access through its ecosystem of startups, mid-sized companies and enterprises. The collaboration is expected to strengthen NCR’s managed workspace ecosystem by combining real estate capabilities with entrepreneurial networks, enabling businesses to access high-quality, flexible office infrastructure. The initiative also aligns with broader trends in hybrid working and the increasing preference for managed office solutions among growing enterprises. With rising corporate demand for agile work environments, IREPworkspaces is positioned to play a significant role in shaping the future of managed office spaces in NCR, offering scalable infrastructure and operational efficiency to a diverse range of organisations.

Related Stories

Gold Stories

Next Story
Real Estate

Adani begins construction of Dharavi rehabilitation homes

Construction of rehabilitation homes for eligible Dharavi residents has commenced at the 22-acre Matunga railway site, following a Bhoomi Poojan ceremony performed by Pranav Adani, Director, Adani Enterprises (AEL). The project, being implemented by Adani Navbharat Developers (ANDPL), envisages 10 towers comprising 10,432 rehabilitation apartments and 1,379 commercial and industrial units.Under the in-situ rehabilitation scheme, eligible residents will receive homes measuring 350 sq ft. Residents from Sectors 6 and 1 will be accommodated at Matunga first, followed by nearly 4,500 apartments fo..

Next Story
Real Estate

Adani begins construction of Dharavi rehabilitation homes

Construction of rehabilitation homes for eligible Dharavi residents has commenced at the 22-acre Matunga railway site, following a Bhoomi Poojan ceremony performed by Pranav Adani, Director, Adani Enterprises (AEL). The project, being implemented by Adani Navbharat Developers (ANDPL), envisages 10 towers comprising 10,432 rehabilitation apartments and 1,379 commercial and industrial units.Under the in-situ rehabilitation scheme, eligible residents will receive homes measuring 350 sq ft. Residents from Sectors 6 and 1 will be accommodated at Matunga first, followed by nearly 4,500 apartments fo..

Next Story
Equipment

Seven Propel 470 HEV electric tippers go to work on coal haulage in Chhattisgarh

Propel EV, the electric mobility division of Propel Industries and India's No. 1 electric tipper brand, has deployed seven 470 HEV electric trucks with a leading coal-haulage contractor at one of India's largest opencast coal mines in Chhattisgarh. The trucks are in daily operation, moving coal on continuous haul cycles in one of the most demanding applications in Indian mining.Why Electric - and Why CoalCoal haulage runs round the clock: heavy loads, long haul cycles, steep ramps and abrasive dust. It is also where diesel hurts most. Engines run continuously, fuel is the largest single operat..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code