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UrbanWrk's new premium flexi space at Max House in Okhla, New Delhi, is a big step forward in the managed workspace industry, especially in the NCR region. With 275 seats, this sustainable and tech-enabled workspace aims to serve various companies, meeting the growing demand for flexible workspace solutions in India's capital.
Anuj Munot, UrbanWrk's Founder and CEO, is excited about entering the NCR market, highlighting Max House's strategic location and partnership with Max Estates. This move shows UrbanWrk's ambitious expansion plans and confidence in the NCR region's growth potential.
Munot mentioned that they are thrilled to open their latest flexi space centre at Max House in Okhla, marking their entry into the growing NCR market. Being chosen by Max Estates, a prestigious developer, for one of their top properties, strengthens their belief in their vision. Munot emphasised that the NCR is crucial for their future growth, and they are excited about this new chapter for their company.
The flexi space sector in India, particularly in the National Capital Region (NCR), has seen impressive growth, holding a market share of 7.4% as of 2023. Avendus' recent report values the flexi space industry at USD 9 billion, highlighting its potential.
This valuation is supported by rapid sector expansion, with India's flex office space currently at 61 million square feet and expected to double to 126 million square feet by 2028, showing a growth rate of over 15% annually. This growth not only encourages innovation but also attracts investments, with UrbanWrk and others ready to meet evolving business needs by offering tailored, tech-enabled workspace solutions.
Max House exemplifies quality, design, and sustainability, offering amenities like a food court, lounge, coffee shops, and event spaces. UrbanWrk's new project aims to redefine the work environment, providing a space conducive to innovation and productivity. The workspace features upscale design, comfortable furniture, ample natural light, and reliable IT infrastructure for uninterrupted connectivity.
In his remarks regarding the facilities at the new UrbanWrk centre, Anuj Munot emphasised that since their inception, UrbanWrk has remained steadfast in its commitment to providing top-of-the-line facilities that foster innovation and facilitate collaboration among the entrepreneurial community. Munot highlighted that their new infrastructure mirrors this commitment, offering world-class amenities that cultivate a conducive ambiance for creativity and productivity, catering to the diverse needs of today's professionals.
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